Company Directors Disqualification Act 1986

[F1 12B Northern Irish disqualification undertakings U.K.

A person subject to a disqualification undertaking [F2 under section 8ZF or 8ZG so far as they extend to Northern Ireland or] under the Company Directors Disqualification (Northern Ireland) Order 2002–

(a) shall not be a director of a company, act as receiver of a company’s property or in any way, whether directly or indirectly, be concerned or take part in the promotion, formation or management of a company unless (in each case) he has the leave of the High Court of Northern Ireland, and

(b) shall not act as an insolvency practitioner.]

Textual Amendments

F1 S. 12B inserted (1.9.2004) by The Insolvency Act 2000 (Company Directors Disqualification Undertakings) Order 2004 (S.I. 2004/1941), art. 2(2) (with art. 1(2))

F2 Words in s. 12B inserted (22.2.2024) by Finance Act 2024 (c. 3), Sch. 13 para. 2(6) (with Sch. 13 para. 4(2))