255 Director “controlling” a body corporate

255  Director “controlling” a body corporate

(1)     This section defines what is meant by references in this Part to a director “controlling” a body corporate.

(2)     A director of a company is taken to control a body corporate if, but only if—

(a)     he or any person connected with him—

(i)     is interested in any part of the equity share capital of that body, or

(ii)     is entitled to exercise or control the exercise of any

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