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Companies Act

343. Exception to preemption right: securities held under employees' share scheme

Edition: 2024-12-27 · In force

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343. Exception to preemption right: securities held under employees' share scheme

Section 338 does not apply to the allotment of securities that would, apart from any renunciation or assignment of the right to their allotment, be held under an employees' share scheme.
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Source: Kenya Law