Document ID: chunk:federal_register_of_legislation:C2025C00012:clause:1_1230d
Version: federal_register_of_legislation:C2025C00012
Segment Type: clause
Provision Reference: sch 1 cl 1230D
Character Range: 137712–138161

1230D  Redemptions to which this Subdivision applies
 (1) This Subdivision applies to both of the following:
 (a) a redemption by a CCIV of a redeemable share;
 (b) a redemption by a CCIV of a redeemable preference share.
Note: A CCIV may reduce its share capital if the reduction results from a redemption permitted by this Subdivision: see section 1231D.
 (2) Part 2H.2 does not apply to the redemption of redeemable preference shares in a CCIV.