223Transactions requiring members' approval: application of provisions to shadow directorsU.K.
This
adran has no associated
Nodiadau Esboniadol
(1)For the purposes of—
(a)sections 188 and 189 (directors' service contracts),
(b)sections 190 to 196 (property transactions),
(c)sections 197 to 214 (loans etc), and
(d)sections 215 to 222 (payments for loss of office),
a shadow director is treated as a director.
(2)Any reference in those provisions to loss of office as a director does not apply in relation to loss of a person's status as a shadow director.
Commencement Information
I1S. 223 wholly in force at 1.10.2007; s. 223 not in force at Royal Assent see s. 1300; s. 223 in force at 1.10.2007 by S.I. 2007/2194, art. 2(1)(d) (with saving in art. 12 and subject to transitional adaptations specified in Sch. 1 and with transitional provisions and savings in Sch. 3)