use of Capital Redemption Reserve

As per Sec.80(5) of the Companies act.

"the capital redemption reserve may be applied by the company in paying up unissued shares of hte company to be issued to the members of hte company as fully paid bonus shares."

 only for bonus issue of share..... nothing else.

Thanks for reply all of you but one of the book which I usually refer states that it can also be utilised for redemption of preference share capltal in that case ,does that means at the time of next redemption Ineed not require to create another CRR or if Iutilising it on one hand and creating another CRR for next issue what is the use of the  provision, what should be the entry in this regard. 

This fund can be utilized only for issuing fully paid bonus shares. No dividend can be distributed out of this fund.