Exclusion of certain directorships for the purposes of sections 275, 276 and 277.

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....>Exclusion of certain directorships for the purposes of sections 275, 276 and 277. 278. (1) In calculating, for the purposes of sections 275, 276 and 277, the number of companies of which a person ....

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....;  (d) a company in which such person is only an alternate director, that is to say, a director who is only qualified to act as such during the absence or incapacity of some other director. (2....