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Preliminary (ss. 25-27) |
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25. Interpretation of Part III. |
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26. Connected persons. |
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27. Shadow directors. |
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Particular transactions involving conflict of interest (ss. 28-40) |
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28. Contracts of employment of directors. |
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29. Substantial property transactions involving directors, etc. |
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30. Penalisation of dealing by director of a company in options to buy or sell certain shares in, or debentures of, the company or associated companies. |
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31. Prohibition of loans, etc. to directors and connected persons. |
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32. Arrangements of certain value. |
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33. Reduction in amount of company's relevant assets. |
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34. Exceptions to section 31 in certain circumstances. |
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35. Transactions with holding company. |
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36. Directors' expenses. |
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37. Business transactions. |
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38. Civil remedies for breach of section 31. |
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39. Personal liability for company debts in certain cases. |
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40. Criminal penalties for breach of section 31. |
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Disclosure of transactions involving directors and others (ss. 41-47) |
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41. Substantial contracts, etc., with directors and others to be disclosed in accounts. |
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42. Particulars required to be included in accounts by section 41. |
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43. Particulars of amounts outstanding to be included in accounts. |
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44. Further provisions relating to licensed banks. |
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45. Arrangements excluded from sections 41 and 44. |
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46. Duty of auditors of company in breach of section 41 or 43. |
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47. Disclosure by directors of interests in contracts, etc. |
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Supplemental (ss. 48-52) |
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48. Power to alter financial limits under Part III. |
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49. Cessation of section 192 of Principal Act. |
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50. Inspection of directors' service contracts. |
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51. Register of directors and secretaries. |
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52. Directors to have regard to interests of employees. |
