Cable and Wireless Act 1946
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Change 1
1 Transfer of shares, and right to compensation therefor.
(1) On the appointed day all the shares of Cable and Wireless Limited (hereafter in this Act referred to as “the operating company”) other than shares already held on behalf of the Treasury shall, by virtue of this section, be transferred, free of all trusts, liabilities and incumbrances, to such persons respectively as the Treasury may by order nominate, to be held by those persons on behalf of the Treasury. (2),(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 Transfer of shares, and right to compensation therefor.
(1) On the appointed day all the shares of Cable and Wireless Limited (hereafter in this Act referred to as “the operating company”) other than shares already held on behalf of the Treasury shall, by virtue of this section, be transferred, free of all trusts, liabilities and incumbrances, to such persons respectively as the Treasury may by order nominate, to be held by those persons on behalf of the Treasury. (2),(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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