Eszter Rapanos, Quality Assurance, Public Sector and Publication Manager, Chartered Institute for Business Accountants (CIBA) Eszter Rapanos, Quality Assurance, Public Sector and Publication Manager, Chartered Institute for Business Accountants (CIBA)

Section 45 Requirements for Intra-Group Loans

Think intercompany loans are business as usual? Think again. Section 45 of the Companies Act turns everyday financial assistance into a legal tightrope, where one misstep can void your deal or leave directors personally liable. If you're signing off on group guarantees or loans, this is the one article you can't afford to ignore. Here's what “fair and reasonable” really means and how to stay compliant, protected, and in control.

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