Companies Act 1989 (c. 40)

SCHEDULES

SCHEDULE 18 U.K. “Subsidiary” and related expressions: consequential amendments and savings

Companies Act 1985 (c. 6) U.K.

34 Section 293 of the Companies Act 1985 (age limit for directors) does not apply in relation to a director of a company if—

(a) he had attained the age of 70 before the commencement of section 144(1) of this Act, and

(b) the company became a subsidiary of a public company by reason only of the commencement of that subsection.