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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 88



88. A condition contained in any debentures or in any deed for securing any
debentures, whether issued or executed before or after the commencement of
this Act, shall not be invalid by reason only that the debentures are thereby
made irredeemable or redeemable only on the happening of a contingency,
however remote, or on the expiration of a period, however long, any rule of
equity to the contrary notwithstanding.


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© 1960 Crown Copyright

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