{
  "url": "https://openlegislation.uk/companies-act-2006/section-1177",
  "json_url": "https://openlegislation.uk/companies-act-2006/section-1177.json",
  "legislation": "ukpga/2006/46",
  "legislation_title": "Companies Act 2006",
  "legislation_url": "https://openlegislation.uk/companies-act-2006",
  "path": "section/1177",
  "kind": "section",
  "number": "1177",
  "heading": "Repeal of certain provisions about company directors",
  "text": "The following provisions of Part 10 of the Companies Act 1985 shall cease to have effect—\nsection 311 (prohibition on tax-free payments to directors);\nsections 323 and 327 (prohibition on directors dealing in share options);\nsections 324 to 326 and 328 to 329, and Parts 2 to 4 of Schedule 13 (register of directors' interests);\nsections 343 and 344 (special procedure for disclosure by banks).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 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)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1177",
    "retrieved_at": "2026-10-29T09:13:40.060156+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}