Company Directors Disqualification Act 1986

[F122F.Application of Act to charitable incorporated organisationsE+W

(1)This Act applies to charitable incorporated organisations (“CIOs”) as it applies to companies.

(2)Accordingly, in this Act—

(a)references to a company are to be read as including references to a CIO;

(b)references to a director or an officer of a company are to be read as including references to a charity trustee of a CIO; and

(c)any reference to the Insolvency Act 1986 is to be read as including a reference to that Act as it applies to CIOs.

(3)As they apply in relation to CIOs, the provisions of this Act have effect with the following modifications—

(a)in section 2(1), the reference to striking off is to be read as including a reference to dissolution;

(b)in section 4(1)(a), the reference to an offence under section 993 of the Companies Act 2006 is to be read as including a reference to an offence under regulation 60 of the Charitable Incorporated Organisations (General) Regulations 2012(fraudulent trading);

(c)sections 9A to 9E are to be disregarded;

(d)references to any of sections 9A to 9E are to be disregarded;

(e)references to a shadow director are to be disregarded.

(4)In the application of Schedule 1 to the charity trustees of a CIO, references to the provisions of the Companies Act 2006 are to be read as including references to the corresponding provisions (if any) of the Charities Act 2011 and regulations made under that Act.

(5)In this section “charity trustees” has the meaning given by section 177 of the Charities Act 2011.]

Textual Amendments