81 Exceptions to provisions of section 80.E+W
[F1(1)Where a person is disqualified under section 80 above by reason of having been adjudged bankrupt, the disqualification shall cease—
(a)unless the bankruptcy order made against that person is previously annulled, on his discharge from bankruptcy; and
(b)if the bankruptcy order is so annulled, on the date of the annulment.]
(2)Where a person is disqualified under section 80 above by reason of his having made a composition or arrangement with his creditors and he pays his debts in full, the disqualification shall cease on the date on which the payment is completed and in any other case it shall cease on the expiration of five years from the date on which the terms of the deed of composition or arrangement are fulfilled.
F2(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(3A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)Section 80(2) and (3) above shall not operate so as to disqualify—
(a)any person by reason of his being a teacher, or otherwise employed, in a school, F4. . . or other educational institution maintained or assisted by a county council for being a member of a district council by reason that the district council nominates members of the education committee of the county council; or
F5(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1S. 81(1) substituted by Insolvency Act 1985 (c. 65, SIF 66), s. 235, Sch. 8 para. 22, Sch. 9 para. 11(2)
F3S. 81(3A) repealed by London Regional Transport Act 1984 (c. 32, SIF 126),s. 71(3)(b), Sch. 7
F4Word repealed by Education Reform Act 1988 (c. 40, SIF 41:1), ss. 231(7), 235(6), 237(2), Sch. 13 Pt. II
Modifications etc. (not altering text)
C1S. 81 applied (10.01.1992) by S.I. 1991/2913, arts. 6, 8, Sch. 1.
S. 81: certain functions transferred (subject to modifications) (10.01.1992) by S.I. 1991/2913, arts. 6, 8, Sch. 1.
S. 81 applied (with modifications)(8.1.1996) by 1995 c. x, ss. 1(3), 44, Sch. Pt. I
C2S. 81 applied (07.08.1991) by S.I. 1991/1773, arts. 6, 8, Sch. 1
S. 81: certain functions transferred (subject to modifications) (07.08.1991) by S.I. 1991/1773, arts. 6, 8, Sch. 1
C3S. 81(1)(2) applied (4.3.1996) by S.I. 1996/263, reg. 7(6)