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The Companies (Disqualification Orders) (Amendment) Regulations 1995

S.I. 1995/1509 · Made 8 June 1995

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

COMPANIES

Made 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 1986f1, hereby makes the following Regulations:

Annotations to the whole text

Footnotes

f1

1986 c. 46 as amended by section 198(2) of the Financial Services Act 1986 (c. 60).

Contents

  1. 1Citation and commencment
  2. 2Application
  3. 3Amendment of the Companies (Disqualification Orders) Regulations 1986
  4. Signature
  5. Schedule Schedule
  6. Explanatory note

1Citation and commencment

These Regulations may be cited as the Companies (Disqualification Orders) (Amendment) Regulations 1995 and shall come into force on 1st July 1995.

2Application

These Regulations amend the Companies (Disqualification Orders) Regulations 1986f1 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.

3Amendment of the Companies (Disqualification Orders) Regulations 1986

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.

Signature

Wendy E. M. Alexander

A Grade 5 Officer in the

Department of Trade and Industry

8th June 1995

SCHEDULE 1

Regulation 5(a)

DO1

SCHEDULE 2

Regulation 5(b)

DO2

SCHEDULE 3

Regulation 5(c)

DO3

SCHEDULE 4

Regulation 5(d)

DO4

Explanatory note

(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.