Tuesday, 30 April 2013

UK: The Companies Act 2006 (Amendment of Part 18) Regulations 2013

The Companies Act 2006 (Amendment of Part 18) Regulations 2013 were made last week and come into force today: see here or here (pdf). The Regulations amend the Companies Act 2006 in order to make it easier for companies to buy back shares in connection with an employee share scheme. Further information is available in the accompanying explanatory memorandum: see here (pdf).

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