# The Companies (Northern Ireland) Order 1986 (revoked), Article 317A: Provisions protecting directors from liability

Extent: N.I.

(1) This Article applies in relation to any liability attaching to a director of a company in connection with any negligence, default, breach of duty or breach of trust by him in relation to the company.
(2) Any provision which purports to exempt (to any extent) a director of a company from any liability within paragraph (1) is void.
(3) Subject to paragraphs (4) and (5), any provision by which a company directly or indirectly provides (to any extent) an indemnity for a director of—
(a) the company, or
(b) an associated company,
against any liability within paragraph (1) is void.
(4) Paragraph (3) does not apply to a qualifying third party indemnity provision within the meaning of Article 317B(1).
(5) Paragraph (3) does not prevent a company from purchasing and maintaining for a director of—
(a) the company, or
(b) an associated company,
insurance against any liability within paragraph (1).
(6) In this Article—
“associated company”, in relation to a company (“C”), means a company which is C's subsidiary, or C's holding company or a subsidiary of C's holding company;
“provision” means a provision of any nature, whether or not it is contained in a company's articles or in any contract with a company.

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Source: https://www.legislation.gov.uk/nisi/1986/1032/article/317A (the official version)
Page: https://openlegislation.uk/companies-northern-ireland-order-1986-revoked/article-317A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.