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Loans, quasi-loans and credit transactions Loans, quasi-loans and credit transactions

  1. 197Loans to directors: requirement of members' approval
  2. 198Quasi-loans to directors: requirement of members' approval
  3. 199Meaning of “quasi-loan” and related expressions
  4. 200Loans or quasi-loans to persons connected with directors: requirement of members' approval
  5. 201Credit transactions: requirement of members' approval
  6. 202Meaning of “credit transaction”
  7. 203Related arrangements: requirement of members' approval
  8. 204Exception for expenditure on company business
  9. 205Exception for expenditure on defending proceedings etc
  10. 206Exception for expenditure in connection with regulatory action or investigation
  11. 207Exceptions for minor and business transactions
  12. 208Exceptions for intra-group transactions
  13. 209Exceptions for money-lending companies
  14. 210Other relevant transactions or arrangements
  15. 211The value of transactions and arrangements
  16. 212The person for whom a transaction or arrangement is entered into
  17. 213Loans etc: civil consequences of contravention
  18. 214Loans etc: effect of subsequent affirmation

Notes on Part 10

Modifications

C1

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C2

Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2