# Enterprise Act 2002, Paragraph 5: Prohibition against involvement in company


The following shall be substituted for section 11(1) of the Company Directors Disqualification Act 1986 (c. 46) (bankrupt)—
“(1) It is an offence for a person to act as director of a company or directly or indirectly to take part in or be concerned in the promotion, formation or management of a company, without the leave of the court, at a time when—
(a) he is an undischarged bankrupt, or
(b) a bankruptcy restrictions order is in force in respect of him.”

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Source: https://www.legislation.gov.uk/ukpga/2002/40/schedule/21/paragraph/5 (the official version)
Page: https://openlegislation.uk/enterprise-act-2002/schedule-21/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.