Provisions supplementary to sections 318, 319 and 320.

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..... n trust, it is shown that ___ (a) the payment was made in pursuance of any arrangement entered into as part of the agreement for the transfer in question, or within one year before, or within two years after, that agreement or the offer leading thereto; and (b) the company or any person to whom the transfer was made was privy to that arrangement; the payment shall be deemed, ex .....

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..... n connection with such loss or retirement. (3) References in sections 318, 319 and 320 to payments made to any director of a company by way of compensation for loss of office, or as consideration for retirement from office, or in connection with such loss or retirement, do not include any bona fide payment by way of damages for breach of contract or by way of pension in respect of past services; .....

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