§ 237 Clause 56, Page 63, line 22, after "children" insert "or step-children"
1173§ 238 Clause 56, Page 63, line 23, at end insert
§ " "hire-purchaser agreement" has the same meaning as in the Consumer Credit Act 1974; "
§ 239 Clause 56, Page 63, line 28, at end insert
§ "(including foreign currency)"
§ 240 Clause 56, Page 63, line 46, at end insert—
§ "(1A) In relation to an allotment of shares in a company, the shares shall be taken for the purposes of the Companies Acts to be allotted when a person acquires the unconditional right to be included in the company's register of members in respect of those shares.
§ (1B) For the purposes of the Companies Acts—
- (a) a share in a company shall be taken to have been paid up (as to its nominal value or any premium on it) in cash or allotted for cash if the consideration for the allotment or the payment up is cash received by the company or is a cheque received by the company in good faith which the directors have no reason for suspecting will not be paid or is the release of a liability of the company for a liquidated sum or is an undertaking to pay cash to the company at a future date; and
- (b) in relation to the allotment or payment up of any shares in a company, references in the Companies Acts, except in section 17 of this Act, to consideration other than cash and to the payment up of shares and premiums on shares otherwise than in cash include references to the payment of, or an undertaking to pay, cash to any person other than the company;
§ 241 Clause 56, Page 64, line 2, after "sheet" insert "or to a profit and loss account"
§ 242 Clause 56, Page 64, line 6, after "transfer" insert" or acquisition "
§ 243 Clause 56, Page 64, line 8, leave out "land" and insert"any property
§ 244 Clause 59, page 65, line 28, leave out from "purposes" to end of line 30 and insert" of this Act or for different purposes of the same provision; and references in this Act to the appointed day shall be construed accordingly."