[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.]
Textual Amendments