798 Penalty for attempted evasion of restrictions
798 Penalty for attempted evasion of restrictions
Companies Act 2006 | Legislation

(1)     This section applies where shares are subject to restrictions by virtue of an order under section 794.

(2)     A person commits an offence if he—

(a)     exercises or purports to exercise any right—

(i)     to dispose of shares that to his knowledge, are for the time being subject to restrictions, or

(ii)     to dispose of any right to be issued with any such shares, or

(b)     votes in respect of any such shares (whether as holder or proxy), or appoints a proxy to vote in respect of them, or

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