# The School Companies Regulations 2002, Paragraph 2: Individuals who cannot be members of a school company


A person who has made a composition or arrangement with, or granted a trust deed for, his creditors and has not been discharged in respect of it;

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Source: https://www.legislation.gov.uk/uksi/2002/2978/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/school-companies-regulations-2002/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.