ACCA LW ^Eng Syllabus F. Management, Administration And The Regulation Of Companies - Powers of Directors - Notes ^{3 / 5}

though this power is given to the board, not individual directors.

Individual directors can only bind the company if they have:

1. Express actual authority – from their contract, the articles, or the board

2. Implied actual authority – from their position

3. Apparent authority – where the director holds themselves out Freeman and Lockyer v Buckhurst Park Properties