SCHEDULES

SCHEDULE 6Particulars in Company Accounts of Loan and Other Transactions Favouring Directors and Officers

PART IIMatters to be Disclosed under Section 233

17The following provisions of this Act apply for purposes of this Part—

(a)section 331(2), (3), (5) and (7), as regards the meaning of "guarantee", "quasi-loan", "recognised bank" and " credit transaction ", and

(b)section 331(9), as to the interpretation of references to a transaction or arrangement being made " for" a person;

and "amount outstanding" means the amount of the outstanding liabilities of the person for whom the transaction, arrangement or agreement was made or, in the case of a guarantee or security, the amount guaranteed or secured.