The Companies (General) Regulations
39. Exemption under Division 4
39. Exemption under Division 4
This Division does not apply to—(a)a transaction, arrangement or contract between the company and another undertaking in which a director of the company has an interest only because the director is also a director of that other undertaking; or(b)a director's contract of service.Division 5 — Directors’ liability
Source: Kenya Law