Paragraph 18A F1
The general duty of the board of directors, and of each director individually, is to act with a view to promoting the success of the corporation so as to maximise the benefits for the members of the corporation as a whole and for the public.
Annotations
Textual amendments
- F1
Sch. 7 para. 18A inserted (1.4.2013) by Health and Social Care Act 2012 (c. 7), ss. 152(1), 306(4); S.I. 2013/160, art. 2(2) (with arts. 7-9)