Companies Act 2014
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Limitation on number of directorships | ||
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986. For the purposes of this Part section 142 shall apply as if the following subsection were substituted for subsection (1): | ||
“(1) A person shall not, at a particular time, be a director of more than— | ||
(a) 25 designated activity companies, or | ||
(b) 25 companies, one, or more than one, of which is a designated activity company and one, or more than one, of which is any other type of company capable of being wound up under this Act.”. |