Section 195(6)

In the case of an arrangement entered into by a company in contravention of section 190 with a person connected with a director of the company or of its holding company, that director is not liable by virtue of subsection (4)(c) if he shows that he took all reasonable steps to secure the company's compliance with that section.

← 5 · All articles · 7 →

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