P.U. 173/66
COMPANIES REGULATIONS, 1966
PART IIIA - SHARES BUY BACK BY A COMPANY.



Regulation 18A. Declaration by directors.

(1) Where a company proposes to purchase its own shares pursuant to section 67A of the Act, the directors of the company or, in the case of a company having more than two directors, the majority of the directors, shall make a declaration to the effect that they have made an inquiry into the affairs of the company and, at a meeting of directors, have formed an opinion that-

(Am. P.U.(A) 391 /1998:s.2)
(Am. P.U.(A) 391 /1998:s.2)
(Am. P.U.(A) 391 /1998:s.2)
(Ins. P.U.(A) 391 /1998:s.2)
(Am. P.U.(A) 391 /1998:s.2)
(2) For the purpose of paragraph (1)-
(Subs. P.U.(A) 391 /1998:s.2)
(Ins.P.U.(A) 337 /1997:s.2)


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