Part II

Vesting of Securities and other Assets in the Corporations and acquired Companies

Acquisition of securities and assets

Vesting in British Aerospace or British Shipbuilders of securities of Scheduled companies.
19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Vesting in acquired company of certain assets of privately-owned companies in same group.
20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Certain loans from associated persons to be treated as securities.
21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Determination of rights to require the issue of securities or to nominate directors.
22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Payments of dividend and interest

Control of dividends and interest.
23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Permitted dividends and interest.
24. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Final payments of dividend and interest.
25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Safeguarding of assets, avoidance of certain transactions, et ceteralaetc.

Power to acquire securities of certain additional companies.
26. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Removal of company from companies to be acquired.
27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Prohibition of transfer of certain works.
28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Recovery of assets transferred away.
29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Dissipation of assets by transactions involving holders of securities et ceteralaetc.
30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Onerous transactions: disclaimer and recovery of losses.
31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Provisions supplementary to section 31.
32. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Supplementary provisions relating to dissipation of assets.
33. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Approvals and undertakings given before passing of Act.
34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Compensation

Compensation for vesting of securities.
35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Payment of compensation.
36. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Base value of securities of a listed class.
37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Base value of other securities.
38. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The appropriate deduction.
39. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

General provisions as to compensation stock.
40. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Stockholders’ representatives.
41. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Act repealed (26.5.2015) by Deregulation Act 2015 (c. 20), s. 115(3)(r), Sch. 23 para. 8