Prospective

SCHEDULE U.K.

Amendment of section 430A of the 1985 Act U.K.

27.  In section 430A of the 1985 Act (right of minority shareholder to be bought out by offeror)(1)—

(a) at the end of subsection (1)(b) insert “(excluding any shares in the company held as treasury shares)”, and

(b) at the end of subsection (2)(b) insert “(excluding any shares in the company held as treasury shares)”.

Commencement Information

I1 Sch. para. 27 in force at 1.12.2003, see reg. 1(1)

(1)

Section 430A was substituted by section 172(1) of, and Schedule 12 to, the Financial Services Act 1986.