Part VII Interpretation for First Group of Parts
249“Connected” with a company.
For the purposes of any provision in this Group of Parts, a person is connected with a company if—
(a)
he is a director or shadow director of the company or an associate of such a director or shadow director, or
(b)
he is an associate of the company,
and “associate” has the meaning given by section 435 in Part XVIII of this Act.