where provision is made for the payment of a premium to shareholders in consequence of a redemption, the premium may be paid only from sums available for distribution in accordance with Article 17(1) to (4), or from a reserve other than that referred to in point (e) of this Article which may not be distributed to shareholders except in the event of a reduction in the subscribed capital; that reserve may be used only for the purposes of increasing the subscribed capital by the capitalisation of reserves or for covering the costs referred to in point (j) of Article 3 or the cost of issuing shares or debentures or for the payment of a premium to holders of redeemable shares or debentures;
kadar je predvideno, da se kot posledica odpisa delničarjem izplača premija, se slednja lahko plača samo iz vsote, ki je namenjena za razdelitev v skladu s členom 17(1) do (4), ali iz rezerve, drugačne od tiste, na katero se nanaša točka (e) tega člena in je ni mogoče razdeliti delničarjem, razen ob zmanjšanju vpisanega kapitala; navedena rezerva se lahko uporabi samo za povečanje vpisanega kapitala s kapitalizacijo rezerv ali za pokrivanje stroškov, navedenih v točki (j) člena 3, ali stroškov izdaje delnic ali zadolžnic ali za plačilo premije imetnikom umaknjenih delnic ali zadolžnic;