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Section 208: Exceptions for intra-group transactions

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 10: A company's directors — Chapter 4: Transactions with directors requiring approval of members

Approval is not required under section 197, 198 or 200 for—

the making of a loan or quasi-loan to an associated body corporate, or
the giving of a guarantee or provision of security in connection with a loan or quasi-loan made to an associated body corporate.

Approval is not required under section 201—

to enter into a credit transaction as creditor for the benefit of an associated body corporate, or
to give a guarantee or provide security in connection with a credit transaction entered into by any person for the benefit of an associated body corporate.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.