References to loans, quasi-loans and other dealings in favour of directors etc
This section has no associated Explanatory Memorandum
7.—(1) In Part 4 of Schedule 9 (special provisions for banking companies and groups: additional disclosure: emoluments of directors and others)—
(a)in paragraph 2 (loans, quasi-loans and other dealings), for “section 330” substitute “section 197, 198, 200, 201 or 203 of the Companies Act 2006”;
(b)in paragraph 3(5) (other transactions, arrangements and agreements: meaning of “connected person”), for “Section 346 of this Act applies” substitute “Sections 252 to 255 of, and Schedule 1 to, the Companies Act 2006 apply”.
(2) These amendments apply in relation to arrangements and transactions entered into on or after 1st October 2007.