369 Liability of directors in case of unauthorised donation or expenditure
Companies Act 2006 (2006 c 46) | Legislation

Remedies in case of unauthorised donations or expenditure

369  Liability of directors in case of unauthorised donation or expenditure

(1)     This section applies where a company has made a political donation or incurred political expenditure without the authorisation required by this Part.

(2)     The directors in default are jointly and severally liable—

(a)     to make good to the company the amount of the unauthorised donation or expenditure, with interest, and

(b)     to compensate the company for any loss or damage

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