Explanatory Note
(This note is not part of the Order)
Individuals who are bankrupts may be prevented by certain statutory provisions (“disqualification provisions”) from being elected or appointed to, or holding, an office or position, or from becoming or remaining a member of a body or group. Section 268 of the Enterprise Act 2002 confers a power on the Secretary of State to repeal or amend such a disqualification provision so as to reduce the class of bankrupts to whom the provision applies or so that it applies to only some or all individuals who are subject to a bankruptcy restrictions regime.
Schedule 1 to this Order repeals certain disqualification provisions.
Schedule 2 to the Order amends certain disqualification provisions.
A regulatory impact assessment has not been produced for this instrument as it has no impact on the costs of business.