BP (BP)

Powers of the Directors on forfeiture or surrender

38     A share so forfeited or surrendered shall become the property of the Company and may be sold, re-allotted or otherwise disposed of either to the person who was before such forfeiture or surrender the holder thereof or entitled thereto or to any other person upon such terms and in such manner as the Directors shall think fit and at any time before a sale, re-allotment or disposition the forfeiture or surrender may be cancelled on such terms as the Directors think fit. The Directors may, if necessary, authorise some person to transfer a forfeited or surrendered share to any such other person as aforesaid.

Powers
of the Directors on forfeiture or surrender

38     A
share so forfeited or surrendered shall become the property of the Company and may be sold, re-allotted or otherwise disposed of
either to the person who was before such forfeiture or surrender the holder thereof or entitled thereto or to any other person upon
such terms and in such manner as the Directors shall think fit and at any time before a sale, re-allotment or disposition the
forfeiture or surrender may be cancelled on such terms as the Directors think fit. The Directors may, if necessary, authorise some
person to transfer a forfeited or surrendered share to any such other person as aforesaid.