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Section 595: Exception to valuation requirement: merger or division

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

Part 17: A company's share capital — Chapter 6: Public companies: independent valuation of non-cash consideration

Section 593 (valuation of non-cash consideration) does not apply to the allotment of shares by a company as part of a scheme to which Part 27 (mergers and divisions of public companies) applies if—

in the case of a scheme involving a merger, an expert's report is drawn up as required by section 909, or
in the case of a scheme involving a division, an expert's report is drawn up as required by section 924.

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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.