Version Superseded: 01/10/2007
Point in time view as at 12/01/2006. This version of this provision has been superseded.
There are currently no known outstanding effects for the Companies Act 1985, Section 334.
Without prejudice to any other provision of sections 332 to 338, paragraph (a) of section 330(2) does not prohibit a company from making a loan to a director of the company or of its holding company if the aggregate of the relevant amounts does not exceed [F1£5,000].
Textual Amendments
F1 “£5,000" substituted by Companies Act 1989 (c. 40, SIF 27), ss. 138(b), 213(2) (subject to the saving provision in S.I. 1990/1392, art. 5)
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