Section 227

For the purposes of this Part a director's “service contract”, in relation to a company, means a contract under which— a director of the company undertakes personally to perform services (as director or otherwise) for the company, or for a subsidiary of the company, or services (as director or otherwise) that a director of the company undertakes personally to perform are made available by a third party to the company, or to a subsidiary of the company. The provisions of this Part relating to directors' service contracts apply to the terms of a person's appointment as a director of a company. They are not restricted to contracts for the performance of services outside the scope of the ordinary duties of a director.

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