Section 172 Statement
Section 172(1) Statement of Companies Act 2006
Date: January 2021
Section 172 of the Companies Act 2006 sets out a number of general duties which directors owe to the company. This new legislation has been introduced to enhance and promote further understanding of how directors have discharged their duties to promote the success of the company, while having regard to the matters set out in the Section 172 (1).
These Section 172 (1) statements for qualifying UK companies are available below: