brunnolou/swiss-code-of-obligations huggingface dataset:
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
J. Participation certificates
III. Legal status of the participation certificate holders
1. In general

Art. 656c416

1 Participation certificate holders have no right to vote and, unless otherwise provided by the articles of association, none of the rights associated therewith.

2 Rights associated with the right to vote are the right to convene a general meeting, the right to attend such a meeting, the right to information, the right of inspection and the right to table agenda items and motions.[417](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fn-d8e22052) 

3 Subject to the same requirements as the shareholder, the participation certificate holder has the right to instigate a special investigation. If the articles of association do not provide for any more far-reaching rights, the participation certificate holder may submit a written request for information, access to documents or the instigation of a special investigation to the general meeting.[418](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fn-d8e22075) 

[416](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22029) Inserted by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).

[417](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22052) Amended by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).

[418](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22075) Amended by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
J. Participation certificates
III. Legal status of the participation certificate holders
2. Notice of and information on resolutions of general meetings419

Art. 656d420

1 Whenever a general meeting is convened, notice must be given to participation certificate holders together with the agenda items and the motions tabled.

2 Any participation certificate holder may request access to the minutes within the 30 days following the general meeting.[421](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fn-d8e22148)  

[420](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22122) Inserted by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).

[421](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22148) Amended by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
J. Participation certificates
III. Legal status of the participation certificate holders
3. Representation on the board of directors

Art. 656e422

The articles of association may grant participation certificate holders the right to have a representative on the board of directors.

[422](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22175) Inserted by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
J. Participation certificates
III. Legal status of the participation certificate holders
4. Pecuniary rights
a. In general

Art. 656f 423

1 The articles of association must not place participation certificate holders at a disadvantage as against shareholders in respect of the distribution of the disposable profit and the proceeds of liquidation and subscription to new shares.

2 Where several classes of shares exist, the participation certificates must be treated as at least equivalent to the lowest ranking class of shares.

3 Amendments to the articles of association and other resolutions of the general meeting that adversely affect the position of participation certificate holders are permitted only if they also adversely affect the position of the shareholders to whom the participation certificate holders are equal in status to the same degree.

4 Unless otherwise provided by the articles of association, the preferential rights of participation certificate holders and their rights to participate in the company’s governance as laid down by the articles of association may be restricted or cancelled only with the consent of a special meeting of the participation certificate holders concerned and of the general meeting of all shareholders.

[423](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22202) Inserted by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
J. Participation certificates
III. Legal status of the participation certificate holders
4. Pecuniary rights
b. Subscription rights

Art. 656g424

1 Where participation capital is created, the shareholders have a subscription right as for the issue of new shares.

2 The articles of association may provide that shareholders may subscribe only to shares and participation certificate holders only to participation certificates where the share capital and the participation capital are to be increased simultaneously in the same proportions.

3 Where only the participation capital or only the share capital is to be increased or one is to be increased by a greater proportion, the subscription rights must be allocated so that shareholders and participation certificate holders may retain their relative participations in the overall capital.  

[424](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22237) Inserted by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
K. Dividend rights certificates425

Art. 657426

1 The articles of association may provide for the creation of dividend rights certificates in favour of persons linked with the company by previous capital participation or by virtue of being shareholders, creditors, employees or similar. The articles of association must indicate the number of dividend rights certificates issued and the nature of the associated rights.

2 Such dividend rights certificates entitle their holders only to a share in the disposable profit or the proceeds of liquidation or to subscribe to new shares.

3 The dividend rights certificate must not have a nominal value; it must not be called a participation certificate or issued in exchange for a capital contribution stated as an asset in the balance sheet.

4 By operation of law, the beneficiaries under dividend rights certificates form a community to which the provisions governing the community of bond creditors apply mutatis mutandis. However, a decision to waive some or all rights under dividend rights certificates is binding only if taken by the holders of a majority of all such certificates in circulation.

5 Dividend rights certificates may be created in favour of the company’s founder members only by means of the original articles of association.

[426](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22290) Amended by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
K. Dividend rights certificates425

Art. 658427

[427](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22325) Repealed by No I of the FA of 4 Oct. 1991, with effect from 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
L. Own shares
I. Requirements for and restrictions on acquisition

Art. 659428

1 The company may acquire its own shares only where freely disposable equity capital is available at its acquisition value.

2 The acquisition by a company of its own shares is limited to 10 per cent of the share capital specified in the commercial register.

3 If the acquisition is connected with a restriction on transferability or an action for dissolution, the foregoing upper limit is 20 per cent. The shares that exceed the threshold of 10 per cent must be sold or cancelled by means of a capital reduction within two years.

[428](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22349) Amended by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
L. Own shares
II. Consequences of acquisition

Art. 659a429

1 If a company acquires its own shares, the right to vote and the rights associated therewith for these shares shall be suspended.

2 The right to vote on the company’s own shares and the rights associated therewith shall also be suspended if the company transfers its own shares and it is agreed to take back or return the shares concerned.

3 If the right to vote is exercised, even though it is suspended, the provisions governing unauthorised participation in the general meeting (Art. 691) apply.

4 The company must indicate an amount equivalent to the cost of acquiring its own shares on its balance sheet as negative items in the equity capital (Art. 959_a_ para. 2 no 3 let. e).

[429](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22386) Inserted by No I of the FA of 4 Oct. 1991 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)). Amended by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
L. Own shares
III. Own shares in the group

Art. 659b430

1 If a company controls one or more undertakings (Art. 963), any acquisition of its shares by such an undertaking is subject to the same restrictions and has the same consequences as the acquisition of its own shares_mutatis mutandis_.

2 The controlling company must show a separate amount equivalent to the acquisition value of these shares for the shares in accordance with paragraph 1 as statutory retained earnings.

**Section Two: Rights and Obligations of Shareholders** 

[430](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22439) Inserted by No I of the FA of 4 Oct. 1991 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)). Amended by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
I. In general

Art. 660431

1 Every shareholder is entitled to a pro rata share of the disposable profit to the extent that the distribution of such profit among the shareholders is provided for by law or the articles of association.

2 On dissolution of the company, the shareholder is entitled to a pro rata share of the liquidation proceeds, unless otherwise provided by those articles of association that relate to the allocation of the assets of the dissolved company.

3 The preferential rights attaching to specific classes of shares stipulated in the articles of association are reserved.

[431](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22489) Amended by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 661

Unless the articles of association provide otherwise, the share of the profits and the proceeds of liquidation are calculated in proportion to the amounts paid up on the share capital.
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 662432

[432](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22527) Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 662a433

[433](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22548) Inserted by No I of the FA of 4 Oct. 1991 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)). Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 663434

[434](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22578) Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 663a and 663b 435

[435](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22603) Inserted by No I of the FA of 4 Oct. 1991 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)). Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 663bbis436

[436](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22635) Inserted by No I of the FA of 7 Oct. 2005 (Transparency in relation to remuneration of members of the board of directors and the executive board) ([AS **2006** 2629](eli/oc/2006/401/en);[BBl **2004** 4471](eli/fga/2004/731/en)). Repealed by No I of the FA of 19 June 2020 (Company Law), with effect from 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 663c437

[437](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22672) Inserted by No I of the FA of 4 Oct. 1991 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)). Repealed by No I of the FA of 19 June 2020 (Company Law), with effect from 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 663d–663h438

[438](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22711) Inserted by No I of the FA of 4 Oct. 1991 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)). Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 664 and 665439

[439](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22743) Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 665a440

[440](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22764) Inserted by No I of the FA of 4 Oct. 1991 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)). Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 666 and 667441

[441](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22797) Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 668442

[442](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22817) Repealed by No I of the FA of 4 Oct. 1991, with effect from 1 July 1992 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 669443

[443](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22837) Repealed by No I 1 of the FA of 23 Dec. 2011 (Financial Reporting Law), with effect from 1 Jan. 2013 ([AS **2012** 6679](eli/oc/2012/810/en);[BBl **2008** 1589](eli/fga/2008/416/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
A. Entitlement to a share of the profits and proceeds of liquidation
II. Calculation method

Art. 670444

[444](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22857) Repealed by No I of the FA of 19 June 2020 (Company Law), with effect from 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
C. Reserves
I. Statutory capital reserve

Art. 671445

1 The following shall be assigned to the statutory capital reserve:

1.

 any share issue proceeds in excess of the nominal value and the issue costs;

2.

 the amounts paid up on forfeited shares (Art. 681 para. 2) that have been retained, unless there is a shortfall on the shares newly issued in return;

3.

 other contributions and advances made by holders of equity securities.

2 The statutory capital reserve may be repaid to the shareholders if the statutory capital reserves and retained earnings, under deduction of any losses, exceed one half of the share capital specified in the commercial register.

3 Companies whose primary purpose is to hold equity participations in other companies (holding companies) may repay the statutory capital reserve to the shareholders if the statutory capital reserves and retained earnings exceed 20 per cent of the share capital specified in the commercial register.

4 The statutory retained earnings for the company’s own shares in the group (Art. 659_b_) and the statutory retained earnings from revaluations (Art. 725_c_) shall not be taken into consideration when calculating the limits in paragraphs 2 and 3.

[445](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22886) Amended by No I of the FA of 19 June 2020 (Company Law), in force since 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).
Division Three: Commercial Enterprises and the Cooperative278
Twenty-Sixth title:295 The Company Limited by Shares
Section One: General Provisions
C. Reserves
I. Statutory capital reserve

Art. 671a and 671b446

[446](https://www.fedlex.admin.ch/eli/cc/27/317%5F321%5F377/en#fnbck-d8e22944) Inserted by No I of the FA of 4 Oct. 1991 ([AS **1992** 733](eli/oc/1992/733%5F733%5F733/en);[BBl **1983** II 745](eli/fga/1983/2%5F745%5F757%5F713/en)). Repealed by No I of the FA of 19 June 2020 (Company Law), with effect from 1 Jan. 2023 ([AS **2020** 4005](eli/oc/2020/746/en); [**2022** 109](eli/oc/2022/109/en);[BBl **2017** 399](eli/fga/2017/112/en)).