A special manager of a relevant institution shall not be taken to be a shadow director (within the meaning given by section 27(1) of the Companies Act 1990) nor what is known as a de facto director of the relevant institution or any of its subsidiaries.
Version status: Ceased | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2014 - onwards
25. Special manager not to be director, etc.
Ceased from 31 December 2014