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2. Part XI of the Companies (Northern Ireland) Order 1986 (enforcement of fair dealing by directors) shall be amended as follows:—
(a)in Article 328(2) (substantial property transactions involving directors, etc.) for “£1,000” substitute “£2,000” and for “£50,000” substitute “£100,000”;
(b)in Article 343(1) (minor and business transactions) for “£5,000” substitute “£10,000”;
(c)in Article 345(3) (funding of director’s expenditure on duty to company) for “£10,000” substitute “£20,000”;
(d)in Article 348(7) (“value” of transactions and arrangements) for “£50,000” substitute “£100,000”, and
(e)in Article 352(1) (exceptions from Article 351) for “£1,000” substitute “£2,000”.
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