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Companies Act 2006

Part of Oral Answers to Questions — Business, Innovation and Skills – in the House of Commons at 10:30 am on 15th March 2012.

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Photo of Norman Lamb Norman Lamb The Parliamentary Under-Secretary of State for Business, Innovation and Skills 10:30 am, 15th March 2012

I can confirm that the duty in section 172 is absolutely clear. The evidence of surveys shows that the duty is well understood, and it is important that directors abide by it.