200 Loans or quasi-loans to persons connected with directors: requirement of members' approval

200  Loans or quasi-loans to persons connected with directors: requirement of members' approval

(1)     This section applies to a company if it is—

(a)     a public company, or

(b)     a company associated with a public company.

(2)     A company to which this section applies may not—

(a)     make a loan or quasi-loan to a person connected with a director of the company or of its holding company, or

(b)     give a guarantee or provide security in connection

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