Part 10

A company's directors
Chapter 4

Transactions with directors requiring approval of members

Supplementary

Transactions requiring members' approval: application of provisions to shadow directors
223
1
For the purposes of—
a
sections 188 and 189 (directors' service contracts),
b
sections 190 to 196 (property transactions),
c
sections 197 to 214 (loans etc), and
d
sections 215 to 222 (payments for loss of office),
a shadow director is treated as a director.
2
Any reference in those provisions to loss of office as a director does not apply in relation to loss of a person's status as a shadow director.
S. 223 wholly in force at 1.10.2007; s. 223 not in force at Royal Assent see s. 1300; s. 223 in force at 1.10.2007 by S.I. 2007/2194, art. 2(1)(d) (with saving in art. 12 and subject to transitional adaptations specified in Sch. 1 and with transitional provisions and savings in Sch. 3)
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2
Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))