Companies Act 2006

1177Repeal of certain provisions about company directorsU.K.

This section has no associated Explanatory Notes

The following provisions of Part 10 of the Companies Act 1985 shall cease to have effect—

  • section 311 (prohibition on tax-free payments to directors);

  • sections 323 and 327 (prohibition on directors dealing in share options);

  • sections 324 to 326 and 328 to 329, and Parts 2 to 4 of Schedule 13 (register of directors' interests);

  • sections 343 and 344 (special procedure for disclosure by banks).

Commencement Information

I1S. 1177 wholly in force at 6.4.2007, see s. 1300 and S.I. 2006/3428, art. 4(1)(c) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5)