Elect half of the members of the supervisory board, and soEmployees have greater representation on the board.
I hope these remarks are of use to you, Please do not
Hesitate to contact me should you have any further
Questions.
Yours sincerely
Max Appleby
False 2 False 3 True
A school of thought that believes that (legal)
Documents should be written so that they can be
Understood the first time they are read,
Because the language of law is conservative and text
Based, and has a tendency to stick to tradition.
That lawyers deliberately keep the language difficult to
Understand so that there is more need for their services.
18 Passive verbs: may be issued; received; may be
Transferred; shall be divided; shall be entitled; declared;
Shall be paid; (shall be) set apart; shall first have been
Paid; (shall first have been) declared; (shall first have
Been) set apart; shall be distributed
Archaic words and expressions: thereto; thereon; per
Annum; thereof
19 such amounts: those amounts or any amounts
such dividends: these dividends or dividends of this kind
such payment dates: these payment dates or the payment
Dates mentioned
C 2 b 3 a 4 e 5 d 6 f
Thereto 2 therein 3 therewith 4 therefor; thereof
Thereon 6 thereof
23 as far as I'm concerned, In my opinion, The way they see
It, I think, To my mind
Opinion 2 see 3 mind 4 my 5 ask 6 pOint
Concerned 8 think 9 seems 10 firmly 11 me
Would
The new law specifies that companies are permitted to
Buy back their own shares and hold them in treasury
Rather than having to cancel them. (Paragraph 3).
It has been enacted to assist companies amend their
Share capital without incurring the costs of cancelling and
Re-issuing shares that exist under current legislation. The
New law will also bring the UK into line with other EEA
Countries. (Paragraph 5).
27 The six limits are:
() It only applies to shares listed on London Stock
Exchange's official list, AIM or comparable EEA market.
Shares must be held in treasury until they are resold
Or transferred to an employee share scheme.
\) Companies must buy back shares out of distributable
Reserves.
0 Bought-back shares must not at any time exceed 10%
Of issued share capital.
Surplus shares must be disposed of within 12 months.
While in treasury, shares have no voting rights and are
Not entitled to dividends.
Share(s)
Under 2 to 3 into 4 to 5 to 6 into; with
Language Focus
Conversely 3 discretionary 4 suggest 5 therefor
Postpone
Of; from 3 for; under 4 in; with 5 on; by; to
Into
Unlikely 3 irrespective 4 illegal 5 abnormal
Unlimited 7 unrestricted 8 indirect 9 informal
Incomparable
F pre-emption 3 i refusal 4 d consolidation
G division 6 c resolution 7 a diversification
B amendment 9 h reliance
5 We wish you a Merry Christmas and a Happy New Year!
Un 4
D 2b 3e 4c 5f 6g 7a
Acquired company 2 friendly takeover 3 target
Voluntary liquidation 5 insolvent
C2c3b
False 2 True 3 True 4 False 5 True 6 True
6 1 to introduce myself 2 I'm with the 3 be speaking
About 4 going to tell 5 interrupt me 6 overview of
Few comments on 8 deal with 9 discuss
Have time for 11 move on to 12 conclude with
Discussion
7 a: 1,2
b: 3,4,6, 7,8,9, 11,12
c: 5, 10, 13
A spin-off is any distribution by a corporation to its
Shareholders of one of its two or more businesses
(paragraph 1).
A 4 b 3 c 1 d 2
Date: 2015-12-11; view: 934
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