175 Duty to avoid conflicts of interest
175 Duty to avoid conflicts of interest
Companies Act 2006 | Legislation

(1)     A director of a company must avoid a situation in which he has, or can have, a direct or indirect interest that conflicts, or possibly may conflict, with the interests of the company.

(2)     This applies in particular to the exploitation of any property, information or opportunity (and it is immaterial whether the company could take advantage of the property, information or opportunity).