Section 78: Redemption at option of company
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
78. Redemption at option of company
A redemption of a share at the option of the company shall be deemed to
be—
(a) an acquisition by the company of the share for the purposes of
sections 69 (2) and 70; and
(b) a distribution for the purpose of section 61.
[Issue 10] C35 – 58
Revised Laws of Mauritius
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Questions this section answers
- Is a redemption of shares at my company's own option treated as a distribution?