SupplementaryU.K.
223Transactions requiring members' approval: application of provisions to shadow directorsU.K.
(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)
224Approval by written resolution: accidental failure to send memorandumU.K.
(1)Where—
(a)approval under this Chapter is sought by written resolution, and
(b)a memorandum is required under this Chapter to be sent or submitted to every eligible member before the resolution is passed,
any accidental failure to send or submit the memorandum to one or more members shall be disregarded for the purpose of determining whether the requirement has been met.
(2)Subsection (1) has effect subject to any provision of the company's articles.
Commencement Information
I2S. 224 wholly in force at 1.10.2007; s. 224 not in force at Royal Assent see s. 1300; s. 224 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)
225Cases where approval is required under more than one provisionU.K.
(1)Approval may be required under more than one provision of this Chapter.
(2)If so, the requirements of each applicable provision must be met.
(3)This does not require a separate resolution for the purposes of each provision.
Commencement Information
I3S. 225 wholly in force at 1.10.2007; s. 225 not in force at Royal Assent see s. 1300; s. 225 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)
226Requirement of consent of Charity Commission: companies that are charitiesU.K.
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