Section 6
Act not to apply to participating preference dividends.
The Preference Shares (Regulation of Dividends) Act, 1960
About this Act
An Act to regulate dividends on preference shares of certain companies.
Nothing contained in 1[section 3 or
section 4] shall apply to such part of any dividend on preference shares as is referred to in clause (i) of the
Explanation to sub-section (1) of section 85 of the Companies Act.
Notes
1. Subs. by Act 10 of 1965, s. 72, for "this Act" (w.e.f. 1-4-1965).