PART 2 Amendments to the Companies Act 2006

CHAPTER 1 Amendments to Part 10 (a company’s directors)

Amendments to section 215

4.  In section 215 (payments for loss of office)(1)—

(a) in subsection (5), after “company” insert “or unquoted traded company”;

(b) after subsection (5) insert—

“(6) “Unquoted traded company” means a traded company (as defined by section 360C) that is not a quoted company.”

(1)

Section 215(5) was inserted by section 81 of the Enterprise and Regulatory Reform Act 2013.