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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 2013 - onwards
Version 2 of 2

81. Payments to directors: minor and consequential amendments

(1) The Companies Act 2006 is amended as follows.

(2) In section 180 (consent, approval or authorisation by members) -

(a) in subsection (2), in the words before paragraph (a) -

(i) after "Chapter 4" insert "or 4A", and

(ii) for "that Chapter" substitute "either of those Chapters",

(b) in that subsection, in paragraph (a), for "that Chapter" substitute "the Chapter concerned", and

(c) in subsection (3), after "Chapter 4" insert "or 4A".

(3) In section 190 (substantial property transactions: requirement of members' approval), in subsection (6)(b), for the words in brackets substitute "(payments to which the requirements of Chapter 4 or 4A apply)".

(4) In section 215 (payments for loss of office), after subsection (4) insert -