Section 65A Shadow directorsF1

The Companies Acts (as defined by section 2 of the Companies Act 2006) have effect in relation to a company that—

(a)

is wholly owned by the Crown, and

(b)

has been notified by the Secretary of State that it is a company to which it is proposed to transfer any part of the Corporation’s undertaking,

as if references to a shadow director did not include the Treasury or any Minister of the Crown.

Annotations

F1: S. 65A inserted (1.10.2007) by The Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194), art. 1(3)(a), Sch. 4 para. 84(2) (with art. 12)