Companies Act 2006

1177Repeal of certain provisions about company directorsU.K.

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The following provisions of Part 10 of the Companies Act 1985 shall cease to have effect—

  • section 311 (prohibition on tax-free payments to directors);

  • sections 323 and 327 (prohibition on directors dealing in share options);

  • sections 324 to 326 and 328 to 329, and Parts 2 to 4 of Schedule 13 (register of directors' interests);

  • sections 343 and 344 (special procedure for disclosure by banks).

Commencement Information

I1S. 1177 wholly in force at 6.4.2007, see s. 1300 and S.I. 2006/3428, art. 4(1)(c) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5)