40 Disqualified directors

Directors

40  Disqualified directors

(1)     The Companies Act 2006 is amended as follows.

(2)     After section 159 insert—

“159A Disqualified person not to be appointed as director

(1)     A person may not be appointed a director of a company if the person is disqualified under the directors disqualification legislation (see subsection (2)).

(2)     In the table—

(a)     Part 1 defines “disqualified under the directors disqualification legislation” for the purposes of provisions of this Act so far as relating to—

(i)     a company registered in England and Wales or Scotland, or

(ii)     the delivery of a document to the registrar of companies for England and Wales or Scotland or a statement contained in such a document;

(b)     Part 2 defines “disqualified under the directors disqualification legislation” for the purposes of provisions of this Act so far as relating to—

(i)     a company registered in Northern Ireland, or

(ii)     the delivery of a document to the registrar of companies for Northern Ireland or a statement contained in such a document.

For those purposes a person (P) is disqualified under the directors disqualification legislation if:Except
Powered by Lexis+®

Popular documents