{
  "url": "https://openlegislation.uk/companies-fair-dealing-by-directors-increase-in-financial-limits-order-1990/article-2",
  "json_url": "https://openlegislation.uk/companies-fair-dealing-by-directors-increase-in-financial-limits-order-1990/article-2.json",
  "legislation": "uksi/1990/1393",
  "legislation_title": "The Companies (Fair Dealing by Directors) (Increase in Financial Limits) Order 1990",
  "legislation_url": "https://openlegislation.uk/companies-fair-dealing-by-directors-increase-in-financial-limits-order-1990",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Increase in Financial Limits",
  "text": "Part X of the Companies Act 1985 (enforcement of fair dealing by directors) shall be amended as follows:—\n(a) in section 320(2) (substantial property transactions involving directors, etc) for “£1,000” substitute “£2,000” and for “£50,000” substitute “£100,000”;\n(b) in section 335(1) (minor and business transactions) for “£5,000” substitute “£10,000”;\n(c) in section 337(3) (funding of director’s expenditure on duty to company) for “£10,000” substitute “£20,000”;\n(d) in section 340(7) (“value” of transactions and arrangements) for “£50,000” substitute “£100,000”; and\n(e) in section 344(1) (exceptions from section 343) for “£1,000” substitute “£2,000”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1990/1393/article/2",
    "retrieved_at": "2026-10-29T15:15:57.880832+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."
}