707 Return to registrar of purchase of own shares
707 Return to registrar of purchase of own shares
Companies Act 2006 | Legislation

(1)     Where a company purchases shares under this Chapter, it must deliver a return to the registrar within the period of 28 days beginning with the date on which the shares are delivered to it.

(2)     The return must distinguish—

(a)     shares in relation to which section 724 (treasury shares) applies and shares in relation to which that section does not apply, and

(b)     shares in relation to which that section applies—

(i)     that are cancelled forthwith (under section 729 (cancellation of treasury shares)), and

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