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Section 212: The person for whom a transaction or arrangement is entered into

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

For the purposes of sections 197 to 214 (loans etc) the person for whom a transaction or arrangement is entered into is—

in the case of a loan or quasi-loan, the person to whom it is made;
in the case of a credit transaction, the person to whom goods, land or services are supplied, sold, hired, leased or otherwise disposed of under the transaction;
in the case of a guarantee or security, the person for whom the transaction is made in connection with which the guarantee or security is entered into;
in the case of an arrangement within section 203 (related arrangements), the person for whom the transaction is made to which the arrangement relates.

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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.