1995 No. 1509
The Companies (Disqualification Orders) (Amendment) Regulations 1995
8th June 1995
Laid before Parliament
12th June 1995
Coming into force
1st July 1995
The Secretary of State, in exercise of his powers under section 18 of the Company Directors Disqualification Act 1986(1), hereby makes the following Regulations:
Citation and commencment
1. These Regulations may be cited as the Companies (Disqualification Orders) (Amendment) Regulations 1995 and shall come into force on 1st July 1995.
2. These Regulations amend the Companies (Disqualification Orders) Regulations 1986(2) and shall apply in relation to a disqualification order made after the coming into force of these Regulations and to a grant of leave, or any action taken by a court in consequence of which a disqualification order is varied or ceases to be in force, made or taken after that date, in relation to a disqualification order made before, on or after that date.
Amendment of the Companies (Disqualification Orders) Regulations 1986
3. The Schedules numbered 1 to 4 set out in the Schedule to these Regulations shall be substituted for Schedules 1 to 4 respectively to the Companies (Disqualification Orders) Regulations 1986.
Wendy E. M. Alexander
A Grade 5 Officer in the
Department of Trade and Industry
8th June 1995
(This note is not part of the Regulations)
These Regulations amend the Companies (Disqualification Orders) Regulations 1986 (S.I. 1986/2067) (the “1986 Regulations”).
The Company Directors Disqualification Act 1986 gives specified courts power to make a disqualification order against a person which provides that he shall not, without leave of the court, be a director, or liquidator or administrator of a company, or receiver or manager of a company’s property, or be concerned or take part in the promotion, formation or management of a company, for a specified period.
The 1986 Regulations require certain court officers to provide the Secretary of State with particulars of disqualification orders and the granting of leave in relation to such orders, and of any action taken by a court in consequence of which such orders are varied or cease to be in force. They also specify the form and time in which they must be given.
These Regulations substitute new forms for those prescribed by the 1986 Regulations.
1986 c. 46 as amended by section 198(2) of the Financial Services Act 1986 (c. 60).