Where a declaration of interest under section 182 (duty to declare interest in existing transaction or arrangement) is required of a sole director of a company that is required to have more than one director—
the declaration must be recorded in writing,
the making of the declaration is deemed to form part of the proceedings at the next meeting of the directors after the notice is given, and
the provisions of section 248 (minutes of meetings of directors) apply as if the declaration had been made at that meeting.
Nothing in this section affects the operation of section 231 (contract with sole member who is also a director: terms to be set out in writing or recorded in minutes).