Part IVU.K. General and Supplemental

SupplementalU.K.

[F165A.Shadow directorsU.K.

The Companies Acts (as defined by section 2 of the Companies Act 2006) have effect in relation to a company that—

(a)is wholly owned by the Crown, and

(b)has been notified by the Secretary of State that it is a company to which it is proposed to transfer any part of the Corporation’s undertaking,

as if references to a shadow director did not include the Treasury or any Minister of the Crown.]