902 Application of this Part
902 Application of this Part
Companies Act 2006 | Legislation

(1)     This Part applies where—

(a)     a compromise or arrangement is proposed between a public company and—

(i)     its creditors or any class of them, or

(ii)     its members or any class of them,

for the purposes of, or in connection with, a scheme for the reconstruction of any company or companies or the amalgamation of any two or more companies,

(b)     the scheme involves—

(i)     a merger (as defined in section 904), or

(ii)     a division (as defined in section 919), and

(c)     the consideration for the transfer (or each of the transfers) envisaged is to be shares in the transferee

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