New Clause 304

Company Law Reform Bill [Lords] – in a Public Bill Committee at 1:45 pm on 20th July 2006.

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Saving for other restrictions on distributions

‘The provisions of this Part are without prejudice to any enactment, or any provision of a company’s articles, restricting the sums out of which, or the cases in which, a distribution may be made.’.—[Margaret Hodge.]

Brought up, and added to the Bill.