{
  "url": "https://openlegislation.uk/railways-act-1993/section-114",
  "json_url": "https://openlegislation.uk/railways-act-1993/section-114.json",
  "legislation": "ukpga/1993/43",
  "legislation_title": "Railways Act 1993",
  "legislation_url": "https://openlegislation.uk/railways-act-1993",
  "path": "section/114",
  "kind": "section",
  "number": "114",
  "heading": "The Secretary of State, the Franchising Director and the Board not to be regarded as shadow directors of certain railway companies etc.",
  "text": "(1) None of the following persons, that is to say—\n(a) the Secretary of State,\n(b) the Franchising Director,\n(c) the Board,\nshall be regarded for any purpose of the Companies Acts (as defined in section 2(1) of the Companies Act 2006) as a shadow director, within the meaning of those Acts (see section 251 of that Act), of any body falling within subsection (2) below.\n(2) Those bodies are—\n(a) any publicly owned railway company;\n(b) any company which is wholly owned by the Franchising Director;\n(c) any subsidiary of the Board;\n(d) any franchise company;\n(e) any company concerning which a direction (whether of a general or specific character) has been given under section 90 above to the Board with respect to the exercise by the Board of the rights conferred by their holding of interests in that company.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 114(1) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 143(5)(a) (with art. 10)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 114(1) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 143(5)(b) (with art. 10)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1993/43/section/114",
    "retrieved_at": "2026-10-29T09:34:47.841849+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}