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Changes over time for: Paragraph 18
Timeline of Changes
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Version Superseded: 06/04/2007
Status:
Point in time view as at 26/05/2000. This version of this provision has been superseded.
Status
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Changes to legislation:
There are currently no known outstanding effects for the Companies Act 1985, Paragraph 18.
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18(1)An obligation imposed on a director by virtue of section 324(2)(c) to notify a company is not discharged in the absence of inclusion in the notice of a statement of the consideration for the assignment (or, if it be the case that there is no consideration, that fact).
(2)Where an event of whose occurrence a director is, by virtue of section 324(2)(d), under obligation to notify a company consists in his assigning a right, the obligation is not discharged in the absence of inclusion in the notice of a similar statement.
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