Part 40Company directors: foreign disqualification etc
Power to require statements to be sent to the registrar of companies
1188Statements from persons subject to foreign restrictions
1
The Secretary of State may make provision by regulations requiring a person who—
a
is subject to foreign restrictions, and
b
is not disqualified under this Part,
to send a statement to the registrar if he does anything that, if done by a person disqualified under this Part, would be in breach of the disqualification.
2
The statement must include such information as may be specified in the regulations relating to—
a
the person’s activities in relation to UK companies, and
b
the foreign restrictions to which the person is subject.
3
The statement must be sent to the registrar within such period as may be specified in the regulations.
4
The regulations may make different provision for different cases and may in particular distinguish between cases by reference to—
a
the conduct on the basis of which the person became subject to foreign restrictions;
b
the nature of the foreign restrictions;
c
the country or territory under whose law the foreign restrictions were imposed.
5
Regulations under this section are subject to affirmative resolution procedure.