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.