87 Requirement for all company directors to be natural persons
Small Business, Enterprise and Employment Act 2015 (2015 c 26) | Legislation

Corporate Directors

87  Requirement for all company directors to be natural persons

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

(2)     Omit section 155 (companies required to have at least one director who is a natural person).

(3)     In section 156 (direction requiring company to make appointment)—

(a)     in subsection (1), for “section 155” substitute “provision by virtue of section 156B(4)”;

(b)     in subsection (4), for “of section 154 or 155” substitute “as mentioned in subsection (1)”.

(4)     Before section 157 (and after the preceding cross-heading) insert—

“156A Each director to be a natural person

(1)     A person may not be appointed a director of a company unless the person is a natural person.

(2)     Subsection (1) does not prohibit the holding of the office of director by a natural person as a corporation sole or otherwise by virtue of an office.

(3)     An appointment made in contravention of this section is void.

(4)     Nothing in this section affects any liability of a person under any provision of the Companies Acts or any other enactment if the person—

(a)

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