Section 1182(2)

A person is subject to foreign restrictions if under the law of a country or territory outside the United Kingdom— he is, by reason of misconduct or unfitness, disqualified to any extent from acting in connection with the affairs of a company, he is, by reason of misconduct or unfitness, required— before acting in connection with the affairs of a company, or to obtain permission from a court or other authority, or to meet any other condition, he has, by reason of misconduct or unfitness, given undertakings to a court or other authority of a country or territory outside the United Kingdom— not to act in connection with the affairs of a company, or restricting the extent to which, or the way in which, he may do so.

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Source: legislation.gov.uk · retrieved 2026-09-04