C1Part 10A company's directors

Annotations:
Modifications etc. (not altering text)

Chapter 3Declaration of interest in existing transaction or arrangement

187Declaration of interest in existing transaction by shadow director

1

The provisions of this Chapter relating to the duty under section 182 (duty to declare interest in existing transaction or arrangement) apply to a shadow director as to a director, but with the following adaptations.

2

Subsection (2)(a) of that section (declaration at meeting of directors) does not apply.

3

In section 185 (general notice treated as sufficient declaration), subsection (4) (notice to be given at or brought up and read at meeting of directors) does not apply.

4

General notice by a shadow director is not effective unless given by notice in writing in accordance with section 184.