No versions valid at: 01/01/2007
Point in time view as at 01/01/2007. This version of this provision is not valid for this point in time.
Companies Act 2006, Section 674 is up to date with all changes known to be in force on or before 02 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Valid from 01/10/2009
Where the company is a personal representative or trustee, there shall be disregarded any rights that the company has in that capacity including, in particular—
(a)any right to recover its expenses or be remunerated out of the estate or trust property, and
(b)any right to be indemnified out of that property for any liability incurred by reason of any act or omission of the company in the performance of its duties as personal representative or trustee.
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