PART 6Exceptions and licences

F1Director disqualification licences44A

1

The Secretary of State may issue a licence in relation to any person who is designated under regulation 5 for the purposes of regulation 16A (director disqualification sanctions) providing that the prohibitions in—

a

section 11A(1) of the Company Directors Disqualification Act 1986, and

b

Article 15A(1) of the Company Directors Disqualification (Northern Ireland) Order 2002,

do not apply to anything done under the authority of that licence.