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Paragraph 10 Transactions with directors requiring approval of members (ss.188 to 226)

Original text. Later amendments are not shown.

(1)

Section 191 (meaning of “substantial” non-cash asset) has effect with the following adaptations.

(2)

In subsection (4)—

(a)

for “Part 15” substitute “Part 7 of the Companies Act 1985 or Part 8 of the Companies (Northern Ireland) Order 1986”, and

(b)

for “section 424” substitute “section 238A of that Act or Article 246A of that Order”.