Company Law Reform Bill [HL]

moved Amendment No. 140:"Page 64, line 33, at end insert—" ““(   )   A director owes the duties provided for in Chapter 2 notwithstanding any defect that may afterwards be discovered in his appointment or qualification.”” The noble Lord said: If Clause 145 provides for the acts of a director to be valid notwithstanding a defect in his appointment, it is logical for such a person to owe like duties to a director in the performance of those acts, hence this amendment to make the position clear. I beg to move.