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Section 732: Treasury shares: offences

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 18: Acquisition by limited company of its own shares — Chapter 6: Treasury shares

If a company contravenes any of the provisions of this Chapter (except section 730 (notice of cancellation)), an offence is committed by—

the company, and
every officer of the company who is in default.

A person guilty of an offence under this section is liable—

on conviction on indictment, to a fine;
on summary conviction to a fine not exceeding the statutory maximum.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.