Commentary Part 18: Acquisition by Limited Company of Its Own Shares Chapter 3: Redeemable Shares Section 689: Notice to registrar of redemption
1003.This section restates section 122(1)(e) and 122(2) of the 1985 Act and Schedule 24 to that Act but there is a new requirement for a statement of capital where a company gives notice to the registrar of a redemption of redeemable shares (seesubsections (2) and (3) and the note on section 619).