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Standard Life Assurance Company Act 1991
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- UK Local Acts
- 1991 c. iii
- SCHEDULE
- Directors
- Paragraph 40
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Disclosure of interest to officer of Company
40Where a director is directly or indirectly interested in any assurance which shall in the ordinary course of business be effected by or through such director disclosure to an officer of the Company that such director is so interested shall be deemed to be sufficient disclosure for the purposes of the foregoing regulations and such officer may deal with any such assurance as regards terms, premium, commission or otherwise as freely as he could deal therewith if such director were not so interested.
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