Section 35(5)

In section 15 (exceptions and licences), after subsection (3) insert— Where regulations provide for designated persons to be persons subject to director disqualification sanctions for the purposes of section 11A of the Company Directors Disqualification Act 1986 and Article 15A of the Company Directors Disqualification (Northern Ireland) Order 2002, the regulations may— create exceptions from subsection (1) of that section or paragraph (1) of that Article; confer power on an appropriate Minister to issue a licence to authorise a designated person to do anything that would otherwise be prohibited by subsection (1) of that section or paragraph (1) of that Article. Regulations may, as respects any licences provided for under subsection (3A), make any provision mentioned (in relation to licences) in subsection (3).

← 4 · All articles · 36 →

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