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Company Directors Disqualification Act 1986

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Changes over time for: Section 10

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Version Superseded: 01/10/2009

Status:

Point in time view as at 20/11/2003. This version of this provision has been superseded. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Company Directors Disqualification Act 1986, Section 10. Help about Changes to Legislation

10 Participation in wrongful trading. E+W+S

(1)Where the court makes a declaration under section 213 or 214 of the Insolvency Act that a person is liable to make a contribution to a company’s assets, then, whether or not an application for such an order is made by any person, the court may, if it thinks fit, also make a disqualification order against the person to whom the declaration relates.

(2)The maximum period of disqualification under this section is 15 years.

Modifications etc. (not altering text)

C1Ss. 9, 10 extended (with modifications) by S.I. 1986/2142, art. 6

C2Ss. 9, 10 extended (with modifications) (1.7.1989) by S.I. 1989/638, regs. 20, 21

C3S. 10 applied (1.12.1994) by S.I. 1994/2421, art. 16, Sch. 8

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