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Company Directors Disqualification Act 1986

Changes to legislation:

Company Directors Disqualification Act 1986 is up to date with all changes known to be in force on or before 03 December 2024. There are changes that may be brought into force at a future date. Help about Changes to Legislation

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  1. Introductory Text

  2. Preliminary

    1. 1. Disqualification orders: general.

    2. 1A. Disqualification undertakings: general.

  3. Disqualification for general misconduct in connection with companies

    1. 2. Disqualification on conviction of indictable offence.

    2. 3. Disqualification for persistent breaches of companies legislation.

    3. 4. Disqualification for fraud, etc., in winding up.

    4. 5. Disqualification on summary conviction.

    5. 5A.Disqualification for certain convictions abroad

  4. Disqualification for unfitness

    1. 6. Duty of court to disqualify unfit directors ....

    2. 7. Disqualification orders under section 6: applications and acceptance of undertakings

    3. 7A.Office-holder's report on conduct of directors

    4. 8. Disqualification of director on finding of unfitness.

  5. Persons instructing unfit directors

    1. 8ZA.Order disqualifying person instructing unfit director of insolvent company

    2. 8ZB.Application for order under section 8ZA

    3. 8ZC.Disqualification undertaking instead of an order under section 8ZA

    4. 8ZD.Order disqualifying person instructing unfit director: other cases

    5. 8ZE.Disqualification undertaking instead of an order under section 8ZD

  6. Further provision about disqualification undertakings

    1. 8A. Variation etc. of disqualification undertaking.

    2. 9. Matters for determining unfitness of directors.

  7. Disqualification for competition infringements

    1. 9A. Competition disqualification order

    2. 9B. Competition undertakings

    3. 9C. Competition investigations

    4. 9D. Co-ordination

    5. 9E. Interpretation

  8. Other cases of disqualification

    1. 10. Participation in wrongful trading.

    2. 11. Undischarged bankrupts.

    3. 12. Failure to pay under county court administration order.

    4. 12A. Northern Irish disqualification orders.

    5. 12B.Northern Irish disqualification undertakings

    6. 12C.Determining unfitness etc: matters to be taken into account

  9. Consequences of contravention

    1. 13. Criminal penalties.

    2. 14. Offences by body corporate.

    3. 15. Personal liability for company’s debts where person acts while disqualified.

  10. Compensation orders and undertakings

    1. 15A.Compensation orders and undertakings

    2. 15B.Amounts payable under compensation orders and undertakings

    3. 15C.Variation and revocation of compensation undertakings

  11. Supplementary provisions

    1. 16. Application for disqualification order.

    2. 17. Application for leave under an order or undertaking.

    3. 18. Register of disqualification orders and undertakings.

    4. 19. Special savings from repealed enactments.

  12. Miscellaneous and general

    1. 20. Admissibility in evidence of statements.

    2. 20A.Legal professional privilege

    3. 21. Interaction with Insolvency Act 1986 .

    4. 21A.Bank insolvency

    5. 21B.Bank administration

    6. 21C.Building society insolvency and special administration

    7. 22. Interpretation.

    8. 22A. Application of Act to building societies.

    9. 22B.Application of Act to incorporated friendly societies.

    10. 22C.Application of Act to NHS foundation trusts

    11. 22D.Application of Act to open-ended investment companies

    12. 22E.Application of Act to registered societies

    13. 22F.Application of Act to charitable incorporated organisations

    14. 22G.Application of Act to further education bodies

    15. 22H.Application of Act to protected cell companies

    16. 23. Transitional provisions, savings, repeals.

    17. 24. Extent.

    18. 25. Commencement.

    19. 26. Citation.

  13. SCHEDULES

    1. SCHEDULE 1

      Determining unfitness etc: matters to be taken into account

      1. Matters to be taken into account in all cases

        1. 1.The extent to which the person was responsible for the...

        2. 2.Where applicable, the extent to which the person was responsible...

        3. 3.The frequency of conduct of the person which falls within...

        4. 4.The nature and extent of any loss or harm caused,...

      2. Additional matters to be taken into account where person is or has been a director

        1. 5.Any misfeasance or breach of any fiduciary duty by the...

        2. 6.Any material breach of any legislative or other obligation of...

        3. 7.The frequency of conduct of the director which falls within...

      3. Interpretation

        1. 8.Subsections (1A) to (2A) of section 6 apply for the...

        2. 9.In this Schedule “ director ” includes a shadow director....

    2. SCHEDULE 2

      Savings from Companies Act 1981 ss. 93, 94, and Insolvency Act 1985 Schedule 9

      1. 1.Sections 2 and 4(1)(b) do not apply in relation to...

      2. 2.Subject to paragraph 1— (a) section 2 applies in a...

      3. 3.Subject to paragraph 1, section 4 applies in relation to...

      4. 4.The powers of a court under section 5 are not...

      5. 5.For purposes of section 3(1) and section 5, no account...

      6. 6.An order made under section 28 of the Companies Act...

      7. 7.Where— (a) an application is made for a disqualification order...

      8. 8.An application shall not be made under section 8 of...

    3. SCHEDULE 3

      Transitional Provisions and Savings

      1. 1.In this Schedule, “the former enactments” means so much of...

      2. 2.So far as anything done or treated as done under...

      3. 3.Where any period of time specified in a provision of...

      4. 4.Where in any provision of this Act there is a...

      5. 5.Offences committed before the appointed day under any provision of...

      6. 6.A reference in any enactment, instrument or document (whether express...

    4. SCHEDULE 4

      Repeals

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