Introductory Text1.Citation and commencement2.Interpretation3.Company to be allowed to pay for own shares by instalments4.Financing purchase of own shares5.Authority for off-market purchase6.Authority for off-market purchase for an employees’ share scheme7.After section 693 of the Act, insert— Authority for off-market.8.In section 694 of the Act, at the beginning of.9.In section 704 of the Act (no assignment of company’s.10.Payment out of capital for purchase of own shares for an employees’ share scheme11.In section 713(2) of the Act (requirements for payment out.12.After section 720 of the Act, insert— Requirements for payment.13.(1) Section 723 of the Act (when payment out of.14.Treasury shares15.In section 729 of the Act (treasury shares: cancellation), omit.SignatureExplanatory Note