Monday, 14 September 2009

UK: the Companies (Disqualification Orders) Regulations 2009

The Companies (Disqualification Orders) Regulations 2009 were laid before Parliament last week and come into force on 1 October. The Regulations are available on OPSI: see here (html) and here (pdf). An explanatory memorandum has also been published and this explains the purpose of the Regulations as follows:

The purpose of this instrument is to require certain court officers to provide the Secretary of State with particulars of disqualification orders and grants of leave in relation to such orders or disqualification undertakings made or accepted under the Company Directors Disqualification Act 1986 (“the CDDA”), and of any action taken by a court in consequence of which any such orders or undertakings are varied or cease to be in force. The instrument prescribes the particulars and form in which the particulars are to be provided by the court officers to the Secretary of State. Section 18 of the CDDA requires the Secretary of State to maintain a public register from the particulars so furnished".

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