Part 2 Consequential Amendments

Part 2 Consequential Amendments

22

The Companies Act 2006 is amended as follows.

23

In section 122 (share warrants)—

(a)     for subsections (1) and (2) substitute—

“(1)     Until a share warrant issued by a company is surrendered the following are deemed to be the particulars required to be entered in the register of members in respect of the warrant—

(a)     the fact of the issue of the warrant,

(b)     a statement of the shares included in the warrant, distinguishing each share by its number so long as the share has a number, and

(c)     the date of the issue of the warrant.â€, and

(b)     omit subsection (4).

24

In section 617 (alteration of share capital of limited company), in subsection (5), after paragraph (e) insert—

“(f)     the cancellation of a share warrant issued by the company and of the shares specified in it by a cancellation order or suspended cancellation order made under paragraph 6 of Schedule 4 to the Small Business, Enterprise and Employment Act 2015 (cancellation where share warrants not surrendered in accordance with that Schedule);

(g)     the cancellation of a share warrant issued by the company and of the shares specified

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