Strategic Banking Corporation of Ireland Act 2014
PART 6 Miscellaneous | ||
Certain persons not to be shadow directors | ||
21. (1) Unless otherwise appointed as a director, none of the persons mentioned in subsection (2) is to be taken to be a shadow director (within the meaning given by section 27 (1) of the Companies Act 1990 ) nor what is known as a de facto director nor as a person discharging managerial responsibilities of the SBCI or any SBCI group entity. | ||
(2) The persons referred to in subsection (1) are— | ||
(a) the Minister; | ||
(b) the NTMA, an employee and a member of the staff of the NTMA; | ||
(c) the National Pensions Reserve Fund Commission. |