42 Constitutional limitations: companies that are charities
Companies Act 2006 (2006 c 46) | Legislation

42  Constitutional limitations: companies that are charities

(1)     Sections 39 and 40 (company's capacity and power of directors to bind company) do not apply to the acts of a company that is a charity except in favour of a person who—

(a)     does not know at the time the act is done that the company is a charity, or

(b)     gives full consideration in money or money's worth in relation to the act in question and does

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