Section 1177

The following provisions of Part 10 of the Companies Act 1985 shall cease to have effect— section 311 (prohibition on tax-free payments to directors); sections 323 and 327 (prohibition on directors dealing in share options); sections 324 to 326 and 328 to 329, and Parts 2 to 4 of Schedule 13 (register of directors' interests); sections 343 and 344 (special procedure for disclosure by banks).

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Source: legislation.gov.uk · retrieved 2026-09-04