Section 554AD — Income Tax (Earnings and Pensions) Act 2003: Section 554AA: meaning of “director”

Section 554AA: meaning of “director” 554AD 1 For the purposes of section 554AA(1)(e) “ director ” means—

a in relation to a company whose affairs are managed by a board of directors or similar body, a member of that body, b in relation to a company whose affairs are managed by a single director or similar person, that director or person, and c in relation to a company whose affairs are managed by the members themselves, a member of the company, and includes any person in accordance with whose directions or instructions the directors of the company (as defined in this subsection) are accustomed to act.

2 For the purposes of subsection (1) a person is not to be regarded as a person in accordance with whose directions or instructions the directors of the company are accustomed to act merely because the directors act on advice given by that person in a professional capacity.

3 For the purposes of section 5 as it applies to this Part, a person who is a director within the meaning of subsection (1) is to be treated (where it would not otherwise be the case) as holding an office.