7. Interpretation
of “person in accordance with whose directions or instructions
directors are accustomed to act”.—Except
where this Act expressly provides otherwise, a person shall
not be deemed to be, within the meaning of any provision in
this Act, a person in accordance with whose directions or
instructions the Board of directors of a company is accustomed
to act, by reason only that the Board acts on advice given
by him in a professional capacity.
|