Explanatory note
(This note is not part of the Order)
This Order provides for disqualification undertakings given under the Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002 No. 3150 (N.I.4)) to be given the same effect in Great Britain as corresponding disqualification undertakings provided for by section 6 of the Company Directors Disqualification Act 1986 (c. 46) and makes consequential amendments.
There is no requirement to prepare a Regulatory Impact Assessment since the statutory instrument will not impose any significant costs on business.