以下是高顿网校为大家整理的：F4公司法与商法第二十五章，希望对考生们有所帮助。
 
　　6 Financial assistance for the acquisition of a company's own shares
　　6.1 (a) It is illegal for any company DIRECTLY or INDIRECTLY, to provide financial assistance of any sort for the acquisition of shares in itself or its holding company.
　　(b) It is irrelevant whether the financial assistance is given before, at the same time, or after the acquisition.
 
　　General exceptions (s.153)
　　6.2 (a) If financial assistance is not the principal purpose of the transaction, or the assistance is just an incidental part of some larger purpose;
　　AND
　　the financial assistance is in good faith.
　　(b) If the company lends money in the ordinary course of business (e.g., banks lending to buy shares in themselves).
　　(c) Employees’ share scheme
　　(d) Loans to employees (but not directors)
 
　　6.3 In the case of a PUBLIC COMPANY the last three exceptions ONLY apply if:
　　– the company’s net assets are not reduced (e.g. loan).
　　or
　　– if they are reduced it is only by a gift of cash "out of distributable profits". s.154
 
　　Private companies – relaxation of restrictions (s.155 )
　　6.4 (a) Private companies may give financial assistance if they follow the correct procedure.
　　(b) Conditions:
　　(i) Net assets must not be reduced (or the reduction must be out of distributable profits).
　　(ii) Directors must make a statutory declaration stating:?
　　– that in their opinion, the company will be able to meet liabilities for the next 12 months.
　　– to whom the assistance is given.
　　(iii) Members must pass a special resolution.
　　(iv) An auditors' report is required on the statutory declaration saying:?
　　– that the opinion expressed by the directors is reasonable.
　　– there is nothing they are aware of which would affect the opinion.
　　(v) All three must be filed with the Registrar within 15 days of the resolution being passed.
　　(vi) Financial assistance must be given:
　　– not before 4 weeks after the resolution.
　　– not after 8 weeks post the statutory declaration. s.158
 
　　Rights of minority shareholders to object (s.157)
　　6.5 (a) A minimum of 10% of any class may object to the resolution.
　　(b) They must not have voted in favour.
　　(c) They must apply to the court within 28 days.
　　(d) The court may do as it thinks fit.
 
　　Criminal liability for contravention of these provisions
　　6.6 (a) Contravention of s.151 (General prohibition)
　　(i) The company is liable to a fine.
　　(ii) Officers in default are liable to a fine and/or prison.
　　(b) Contravention of provisions for private companies
　　(i) For non?delivery of documents to the Registrar: the company and its officers will be liable to a fine: s.156;
　　(ii) For making the statutory declaration without reasonable grounds: any such director may be fined and/or imprisoned. s.156.
 
　　Civil liability
　　6.7 (a) Directors who breach these provisions become personally liable for losses to the company as a result.
　　End of chapter
　　(b) The contract itself is illegal (i.e. void and unenforceable).
 
　　高顿网校小编寄语：向着某一天终于要达到的那个终极目标迈步还不够，还要把每一步骤看成目标，使它作为步骤而起作用。

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