Exchanges (Demutualisation and Merger) Act 1999

  Table of Contents

  Long Title

  Preamble

1 Short title

2 Interpretation

3 Transfer date and designation of companies

4 Reduction of share capital of SES, SIMEX and SCCS

5 Capital creation and issue of shares of SES, SIMEX and SCCS

6 Allotment and issue of transferee holding company’s shares

7 Transfer of reserves of SES, SIMEX and SCCS

8 Sale of transferee holding company’s shares by special purpose company

9 Exemption from section 59 of Companies Act 1967

10 Proceeds from sale of shares

11 Application of Companies Act 1967 to shares held by special purpose company

12 Application of Trustees Act 1967 to investment in transferee holding company

13 (Repealed)