Part 10A company's directors

Chapter 1Appointment and removal of directors

Appointment

159Existing under-age directors

(1)

This section applies where—

(a)

a person appointed a director of a company before section 157 (minimum age for appointment as director) comes into force has not attained the age of 16 when that section comes into force, or

(b)

the office of director of a company is held by a corporation sole, or otherwise by virtue of another office, and the person appointed to that other office has not attained the age of 16 years when that section comes into force,

and the case is not one excepted from that section by regulations under section 158.

(2)

That person ceases to be a director on section 157 coming into force.

(3)

The company must make the necessary consequential alteration in its register of directors but need not give notice to the registrar of the change.

(4)

If it appears to the registrar (from other information) that a person has ceased by virtue of this section to be a director of a company, the registrar shall note that fact on the register.