Paragraph 5 Bankruptcy

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch 2, para 4 subst by School Governance (Constitution, Procedures and New Schools) 2004 reg 4(g)
Sch 2, para 6 subst (28.1.2005) by Education (Company Directors Disqualification Act 1986: Amendments to Disqualification Provisions) 2004 reg 2, Schedule, para 5
sch 2 am by Education (Disqualification Provisions: Bankruptcy and Mental Health) 2006 reg 2, schedule
Sch 2, para 1 excl (temp) by Haringey London Borough Council (Temporary Governing Body) 2005 arts 2, 3

A person shall be disqualified from holding or continuing to hold office as a temporary governor of a new school if–

(a)

he has been adjudged bankrupt or sequestration of his estate has been awarded and (in either case) he has not been discharged and the bankruptcy order has not been annulled or rescinded; or

(b)

he has made a composition or arrangement with, or granted a trust deed for, his creditors and has not been discharged in respect of it.