147. Compensation for wrongful termination, other powers of removal not affected by section 146

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Companies Act 2014 (No. 38)
Part 4 Corporate Governance (ss. 127-218)
Chapter 2 Directors and secretaries (ss. 128-153)
147. Compensation for wrongful termination, other powers of removal not affected by section 146

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Version status: In force | Document consolidation status: Updated to reflect all known changes

Version date: 1 June 2015 - onwards

Version 2 of 2

Nothing in section 146 shall be taken -

(a) as depriving a person removed under it of compensation or damages payable to him or her, or any other remedy available to the person, in respect of the termination of his or her appointment as director or of any appointment terminating with that as director; or

(b) as derogating from any power to remove a director that may exist apart from that section.

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