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SCHEDULE 2TRANSITIONAL PROVISIONS AND SAVINGS

Cancellation of shares in public company held by or for the company (ss. 662 to 668)

71.—(1) Section 663 of the Companies Act 2006 (notice of cancellation of shares in public company held by or for the company) applies where the shares referred to in subsection (1) of that section are cancelled on or after 1st October 2009.

(2) Section 122(1)(f) and (2) of the 1985 Act or Article 132(1)(f) and (2) of the 1986 Order continue to apply where the shares referred to in section 122(1)(f) or Article 132(1)(f) are cancelled before that date.