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Miscellaneous and general

22Interpretation

(1)This section has effect with respect to the meaning of expressions used in this Act, and applies unless the context otherwise requires.

(2)The expression " company "—

(a)in section 11, includes an unregistered company and a company incorporated outside Great Britain which has an established place of business in Great Britain, and

(b)elsewhere, includes any company which may be wound up under Part V of the Insolvency Act.

(3)Section 247 in Part VII of the Insolvency Act (interpretation for the first Group of Parts of that Act) applies as regards references to a company's insolvency and to its going into liquidation ; and " administrative receiver " has the meaning given by section 251 of that Act.

(4)" Director " includes any person occupying the position of director, by whatever name called, and in sections 6 to 9 includes a shadow director.

(5)" Shadow director ", in relation to a company, means a person in accordance with whose directions or instructions the directors of the company are accustomed to act (but so that a person is not deemed a shadow director by reason only that the directors act on advice given by him in a professional capacity).

(6)Section 740 of the Companies Act applies as regards the meaning of " body corporate " ; and " officer " has the meaning given by section 744 of that Act.

(7)In references to legislation other than this Act—

and in sections 3(1) and 5(1) of this Act " the companies legislation " means the Companies Acts (except the Insider Dealing Act), Parts I to VII of the Insolvency Act and, in Part XV of that Act, sections 411, 413, 414, 416 and 417.

(8)Any reference to provisions, or a particular provision, of the Companies Acts or the Insolvency Act includes the corresponding provisions or provision of the former Companies Acts (as defined by section 735 (1)(c) of the Companies Act, but including also that Act itself) or, as the case may be, the [1985 c. 65.] Insolvency Act 1985.

(9)Any expression for whose interpretation provision is made by Part XXVI of the Companies Act (and not by subsections (3) to (8) above) is to be construed in accordance with that provision.