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Companies Act, 1990

Construction of references to redeemable preference shares.

221.—A reference to redeemable preference shares in—

(a) section 69 (1) (e) of, and the Second, Third, Fourth and Sixth Schedules to, the Principal Act, and

(b) section 55 (1) (h) of the Act of 1983,

shall be construed as a reference to redeemable shares.