Law library · Sierra Leone · The Companies Act, 2009
Section 209, The Companies Act, 2009
In forceThe Companies Act, 2009, Sierra Leone
(1) There shall be a rebuttable presumption in favour ofany person dealing with the company that all persons who are
described by the company as directors, whether as executive or
otherwise, have been duly appointed.
(2) Any person not being a duly appointed director of a
company–
(a) who holds himself out or knowingly allows
himself to be held out as a director of that
(b) on whose directions or instructions the duly
appointed directors are accustomed to act,
shall be subject to the same duties and
liabilities as if he were a duly appointed
director of the company.
(3) Nothing in subsection (3) shall derogate from the
duties and liabilities of the duly appointed directors, including the
duty not to act on the directions or instructions of any other person.
(4) If any person, not being a duly appointed director of
a company holds himself out, or knowingly allows himself to be held
out as a director of the company or if the company holds out such
person or knowingly allows the person to hold himself out as a
director of the company, the person or the company, as the case may
be, shall be guilty of an offence and be liable to a fine not exceeding
Le8,000,000.
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