PART 7Companies: Transparency
Shadow directors
91Shadow directors: provision for Northern Ireland
(1)
“, but so that a person is not deemed a shadow director by reason only that the directors act—
(a)
on advice given by that person in a professional capacity;
(b)
in accordance with instructions, a direction, guidance or advice given by that person in the exercise of a function conferred by or under a statutory provision;
(c)
in accordance with guidance or advice given by that person in that person's capacity as a Minister of the Crown (within the meaning of the Ministers of the Crown Act 1975)”.
(2)
“, but so that a person is not deemed a shadow director by reason only that the directors act—
(a)
on advice given by that person in a professional capacity;
(b)
in accordance with instructions, a direction, guidance or advice given by that person in the exercise of a function conferred by or under a statutory provision;
(c)
in accordance with guidance or advice given by that person in that person's capacity as a Minister of the Crown (within the meaning of the Ministers of the Crown Act 1975)”.