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Controlling director

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Letter C

Controlling director

Controlling director is a director who owns at least 20% of the ordinary share capital of the company.

A director with a holding less than 20% can also be considered controlling even if their immediate family owns share capital taking their overall value over the 20% threshold.

A director does not have to be taking a salary from the company to be considered controlling.

FSA declaration and important text about mortgage advice