C1Part 10A company's directors

Annotations:
Modifications etc. (not altering text)

Chapter 4Transactions with directors requiring approval of members

Supplementary

I1223Transactions requiring members' approval: application of provisions to shadow directors

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.