A director who along with his or her family is able to control 20% or more of the shares in the company.

An individual who owns or controls more that 20% of a company, or more than 20% of a company’s ordinary shares. Dependent An individual who is dependent on the member, either financially or due to disability. Or a child who is under the age of 18, is over the age of 18 but in full time education, or who is dependent on the member due to disability.

An individual who alone or along with one or more associates is able to control at least 20 per cent of the ordinary share capital of a company.

is defined as a member who, at any time after 16 March 1987 and within 10 years of retirement or leaving service or leaving pensionable service, has been a Director and either on his or her own or with one or more associates has beneficially owned or been able to control directly, indirectly or through other companies, 20% or more of the ordinary share capital of the company.

A phrase relevant to pension planning for a company director who owns or who has control of 20% or more of the ordinary shares in a company. The definition is wider for a director joining a pension scheme on or after 1st December 1987.

There are certain restrictions for Inland Revenue purposes on controlling directors (those with over 20% of the company's ordinary share capital) in terms of pension entitlements, membership of free-standing additional voluntary contribution schemes and early retirement. An Inland Revenue booklet (IR12) explains such restrictions.

This is a director who owns or controls 20% or more of the voting capital of a company either directly or indirectly. This 20% includes shares held by the director's family and associates.

A company director who owns or controls more than 20% or more of the ordinary share capital of a company.