# Commonwealth Development Corporation Act 1999, Paragraph 15

Extent: E+W+S+N.I.

(1) For the purposes of the provisions of the Companies Act 2006 listed in sub-paragraph (2), neither the Secretary of State nor the Treasury shall be regarded as a shadow director of the Corporation or of a company associated with the Corporation at any time while the Crown continues to hold any special share provided for under the Corporation’s articles of association.
(2) The provisions are—
(a) section 162 (register of directors);
(b) Chapter 3 of Part 10 (declaration of interest in existing transaction or arrangement);
(c) sections 190 to 196 (transactions requiring members’ approval: substantial property transactions);
(d) sections 197 to 214 (transactions requiring members’ approval: loans etc.).

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Source: https://www.legislation.gov.uk/ukpga/1999/20/schedule/2/paragraph/15 (the official version)
Page: https://openlegislation.uk/commonwealth-development-corporation-act-1999/schedule-2/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.