Companies Act 2014 section 138

Supplemental provisions concerning bond referred to in section 137(2)

Section 138 sets out the detailed rules governing the bond that a company must hold when it does not have a director resident in an EEA state, including what the bond must cover, the record-keeping obligations of the nominated person, ministerial powers to prescribe the bond's form, and the requirements for filing a copy of the bond with the Companies Registration Office.

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