222 Payments made without approval: civil consequences
Companies Act 2006 (2006 c 46) | Legislation

222  Payments made without approval: civil consequences

(1)     If a payment is made in contravention of section 217 (payment by company)—

(a)     it is held by the recipient on trust for the company making the payment, and

(b)     any director who authorised the payment is jointly and severally liable to indemnify the company that

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