BP (BP)

Retention of dividends

135     (A)     The Directors may retain any dividend or other moneys payable on or in respect of a share on which the Company has a lien and may apply the same in or towards satisfaction of the debts, liabilities or engagements in respect of which the lien exists.

(B)     The Directors may retain the dividends payable upon shares in respect of which any person is under the provisions as to the transmission of shares hereinbefore contained entitled to become a member, or which any person is under those provisions entitled to transfer, until such person shall become a member in respect of such shares or shall transfer the same.

Retention
of dividends

135     (A)     The
Directors may retain any dividend or other moneys payable on or in respect of a share on which the Company has a lien and may apply
the same in or towards satisfaction of the debts, liabilities or engagements in respect of which the lien exists.

(B)     The
Directors may retain the dividends payable upon shares in respect of which any person is under the provisions as to the transmission
of shares hereinbefore contained entitled to become a member, or which any person is under those provisions entitled to transfer,
until such person shall become a member in respect of such shares or shall transfer the same.