# Horserace Betting and Olympic Lottery Act 2004, Section 7: Shadow directors

Extent: E+W+S

While the successor company is wholly owned by the Crown, neither the Secretary of State nor the Treasury shall be treated as a shadow director of the successor company for the purpose of any provision of the Companies Acts (as defined in section 2 of the Companies Act 2006).

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Source: https://www.legislation.gov.uk/ukpga/2004/25/section/7 (the official version)
Page: https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004/section-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.