{
  "url": "https://openlegislation.uk/enterprise-act-2002/schedule-21/paragraph-1",
  "json_url": "https://openlegislation.uk/enterprise-act-2002/schedule-21/paragraph-1.json",
  "legislation": "ukpga/2002/40",
  "legislation_title": "Enterprise Act 2002",
  "legislation_url": "https://openlegislation.uk/enterprise-act-2002",
  "path": "schedule/21/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": "Disqualification for acting as receiver or manager",
  "text": "The following shall be substituted for section 31 of the Insolvency Act 1986 (c. 45) (receiver and manager: disqualification)—\n“ Disqualification of bankrupt\n31 (1) A person commits an offence if he acts as receiver or manager of the property of a company on behalf of debenture holders while—\n(a) he is an undischarged bankrupt, or\n(b) a bankruptcy restrictions order is in force in respect of him.\n(2) A person guilty of an offence under subsection (1) shall be liable to imprisonment, a fine or both.\n(3) This section does not apply to a receiver or manager acting under an appointment made by the court.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2002/40/schedule/21/paragraph/1",
    "retrieved_at": "2026-10-29T09:18:50.931325+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}