Part IVU.K. Reorganisation of the Post Office

Supplementary provisionsU.K.

80 Shadow directors.U.K.

(1)For the purposes of the provisions of the M1Companies Act 1985 listed in subsection (2) neither the Treasury nor the Secretary of State shall be regarded as a shadow director of the Post Office company.

(2)The provisions are—

(a)section 288 (register of directors),

(b)section 305 (directors’ names on correspondence etc),

(c)section 317 (disclosure of interests in contracts),

(d)section 320 (transactions involving directors),

(e)section 323 (prohibition on dealing in share options),

(f)section 324 (disclosure of shareholdings),

(g)section 325 (register of directors’ interests), and

(h)section 330 (restriction on loans).

Marginal Citations