§ 64 Clause 43, page 47, line 38, leave out from ("are") to end of line 39 and insert ("to be redemmed or are liable to be redeemed at the option of the company or the shareholder.").
§ Lord Mackay of Clashfern
My Lords, I beg to move that this House doth agree with the Commons in their Amendment No. 64. This amendment makes express provision enabling a company to issue shares which are redeemable at the option of either the shareholder or the company. I beg to move.
§ Moved, That this House doth agree with the Commons in the said amendment.—(Lord Mackay of Clashfern.]
§ On Question, Motion agreed to.