C1Part 17A company's share capital

Annotations:
Modifications etc. (not altering text)

Chapter 7Share premiums

Relief from requirements as to share premiums

I1614Power to make further provision by regulations

1

The Secretary of State may by regulations make such provision as he thinks appropriate—

a

for relieving companies from the requirements of section 610 (application of share premiums) in relation to premiums other than cash premiums;

b

for restricting or otherwise modifying any relief from those requirements provided by this Chapter.

2

Regulations under this section are subject to affirmative resolution procedure.