SCHEDULES

Section 12C

[F1 SCHEDULE 1 E+W+S Determining unfitness etc: matters to be taken into account

Textual Amendments

F1 Sch. 1 substituted (26.5.2015 for specified purposes, 1.10.2015 in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), ss. 106(6), 164(1); S.I. 2015/1329, reg. 3(c); S.I. 2015/1689, reg. 2(d) (with Sch. para. 3)

Modifications etc. (not altering text)

C1 Sch. 1 applied (with modifications) by S.I. 1994/2421, art. 16, Sch. 8 (as amended (E.W.) (8.12.2017) by The Insolvency (Miscellaneous Amendments) Regulations 2017 (S.I. 2017/1119), reg. 1(1), Sch. 2 paras. 4, 8)

Matters to be taken into account in all cases E+W+S

1 E+W+S The extent to which the person was responsible for the causes of any material contravention by a company or overseas company of any applicable legislative or other requirement.

2 E+W+S Where applicable, the extent to which the person was responsible for the causes of a company or overseas company becoming insolvent.

3 E+W+S The frequency of conduct of the person which falls within paragraph 1 or 2.

4 E+W+S The nature and extent of any loss or harm caused, or any potential loss or harm which could have been caused, by the person's conduct in relation to a company or overseas company.

Additional matters to be taken into account where person is or has been a director E+W+S

5 E+W+S Any misfeasance or breach of any fiduciary duty by the director in relation to a company or overseas company.

6 E+W+S Any material breach of any legislative or other obligation of the director which applies as a result of being a director of a company or overseas company.

7 E+W+S The frequency of conduct of the director which falls within paragraph 5 or 6.

Interpretation E+W+S

8 E+W+S Subsections (1A) to (2A) of section 6 apply for the purposes of this Schedule as they apply for the purposes of that section.

9 E+W+S In this Schedule “director” includes a shadow director.]