# Postal Services Act 2000, Section 80: Shadow directors.

Extent: E+W+S+N.I.

(1) For the purposes of the provisions ... listed in subsection (2) neither the Treasury nor the Secretary of State shall be regarded as a shadow director of a relevant company any part of which is owned by the Crown.
(2) The provisions are—
(a) section 162(6) of the Companies Act 2006 (register of directors: liability for offence);
(b) Chapter 3 of Part 10 of that Act (declaration of interest in existing transaction or arrangement);
(c) sections 190 to 196 of that Act (transactions requiring members’ approval: substantial property transactions);
(d) sections 197 to 214 of that Act (transactions requiring members’ approval: loans etc. );
(e) regulation 10(3) of the Companies (Trading Disclosures) Regulations 2008 (liability for offence), as it applies in relation to an offence under regulation 8 (disclosure of names of directors).

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Source: https://www.legislation.gov.uk/ukpga/2000/26/section/80 (the official version)
Page: https://openlegislation.uk/postal-services-act-2000/section-80
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.