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Company Directors Disqualification Act 1986

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This is the original version (as it was originally enacted).

1Disqualification orders: general

(1)In the circumstances specified below in this Act a court may, and under section 6 shall, make against a person a disqualification order, that is to say an order that he shall not, without leave of the court—

(a)be a director of a company, or

(b)be a liquidator or administrator of a company, or

(c)be a receiver or manager of a company's property, or

(d)in any way, whether directly or indirectly, be concerned or take part in the promotion, formation or management of a company, for a specified period beginning with the date of the order.

(2)In each section of this Act which gives to a court power or, as the case may be, imposes on it the duty to make a disqualification order there is specified the maximum (and, in section 6, the minimum) period of disqualification which may or (as the case may be) must be imposed by means of the order.

(3)Where a disqualification order is made against a person who is already subject to such an order, the periods specified in those orders shall run concurrently.

(4)A disqualification order may be made on grounds which are or include matters other than criminal convictions, notwithstanding that the person in respect of whom it is to be made may be criminally liable in respect of those matters.

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