Payment to director, etc., for loss of office, etc., in connection with transfer of undertaking or property.

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..... f the whole or any part of any undertaking or property of the company, receive any payment, by way of compensation for loss of office, or as consideration for retirement from office, or in connection with such loss or retirement (a) from such company; or (b) from the transferee of such undertaking or property or from any other person (not being such company), unless particulars with .....

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