Part 23 U.K. Company distributions

Modifications etc. (not altering text)

C1 Pt. 23 applied (with modifications) by 2003 c. 1, s. 554AC(3) (as inserted (with effect in accordance with Sch. 1 para. 14 of the amending Act) by Finance Act 2018 (c. 3), Sch. 1 para. 2)

Chapter 2 U.K. Matters which are distributions

Interpretation of references to repayment of share capital U.K.

1024 Premiums paid on redemption of share capital U.K.

Premiums paid on redemption of share capital are not treated as repayments of share capital for the purposes of this Chapter.