| Commentary

48 Duty not to accept benefits from third parties

| Commentary

48 Duty not to accept benefits from third parties

A company director must not accept from a third party any benefit which is conferred by reason of his being a director, or his doing (or not doing) anything as director1. Where a director’s services (whether as a director or otherwise) are provided to the company by another person, any benefits which he receives from that person are not regarded as being conferred by a third party2. The above duty is not infringed if the director’s acceptance of the benefit cannot reasonably be regarded as likely to give rise to a

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