Article 17 Persons disqualified under the Company Directors Disqualification Act 1986F1
A person subject to a disqualification order or a disqualification undertaking under the Company Directors Disqualification Act 1986 (c. 46)—
(a)
shall not be a director of a company, act as receiver of a company's property or in any way either directly or indirectly be concerned or take part in the promotion, formation or management of a company unless (in each case) he has leave of the High Court; and
(b)
shall not act as an insolvency practitioner.
Annotations
Textual amendments
- F1
Words in art. 17 heading substituted (22.2.2024) by Finance Act 2024 (c. 3), Sch. 13 para. 3