Anglo Irish Bank Corporation Act 2009
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No shadow or de facto directorship. |
21.— (1) While the Minister or the Minister’s nominee is a member of Anglo Irish Bank, none of the persons mentioned in subsection (2) is to be taken to be a shadow director (within the meaning given by section 27 (1) of the Companies Act 1990 ) nor what is known as a de facto director nor (unless otherwise appointed as a director) as a person discharging managerial responsibilities of— | |
(a) Anglo Irish Bank, | ||
(b) any of its subsidiaries, or | ||
(c) any of its subsidiary undertakings. | ||
(2) The persons are— | ||
(a) the Minister, | ||
(b) the Minister’s nominee, | ||
(c) any person to whom the Minister’s functions under this Act are delegated, whether under the National Treasury Management Agency Act 1990 or otherwise, | ||
(d) the Governor, | ||
(e) any director of the Central Bank, | ||
(f) any member of the Regulatory Authority, | ||
(g) officers of, or consultants or advisors to, and persons employed by or under, or acting on behalf of, the Minister, the Central Bank or the Regulatory Authority. |