Section 207(1)

Approval is not required under section 197, 198 or 200 for a company to make a loan or quasi-loan, or to give a guarantee or provide security in connection with a loan or quasi-loan, if the aggregate of— does not exceed £10,000. the value of the transaction, and the value of any other relevant transactions or arrangements,

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