PART 1PENSION SCHEME MEMBERSHIP FOR JOBHOLDERS

CHAPTER 7APPLICATION AND INTERPRETATION

Workers

Directors72

(1)

A person who holds office as a director of a company is not, by virtue of that office or of any employment by the company, a worker for the purposes of this Part, unless—

(a)

the person is employed by the company under a contract of employment, and

(b)

there is at least one other person who is employed by the company under a contract of employment.

(2)

In this section, “company” includes any body corporate.