- Y Diweddaraf sydd Ar Gael (Diwygiedig)
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Company Directors Disqualification Act 1986
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There are currently no known outstanding effects for the Company Directors Disqualification Act 1986, Section 5.
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5 Disqualification on summary conviction. E+W+S
(1)An offence counting for the purposes of this section is one of which a person is convicted (either on indictment or summarily) in consequence of a contravention of, or failure to comply with, any [F1of the relevant provisions of the companies legislation] (whether the contravention or failure is on the person’s own part or on the part of any company).
(2)Where a person is convicted of a summary offence counting for those purposes, the court by which he is convicted (or, in England and Wales, any other magistrates’ court acting [F2in the same local justice] area) may make a disqualification order against him if the circumstances specified in the next subsection are present.
[F3(3)Those circumstances are that, during the 5 years ending with the date of the conviction, there have been no fewer than 3 relevant findings of guilt in relation to the person.
(3A)For these purposes, there is a relevant finding of guilt in relation to the person if —
(a)the person is convicted of an offence counting for the purposes of this section (including the offence of which the person is convicted as mentioned in subsection (2) and any other offence of which the person is convicted on the same occasion),
(b)a financial penalty of the kind mentioned in section 3(3)(aa) is imposed on the person, or
(c)a default order within the meaning of section 3(3)(b) is made against the person.]
(4)For the purposes of this section—
(a)the definition of “summary offence” in Schedule 1 to the M1Interpretation Act 1978 applies for Scotland as for England and Wales, F4...
F4(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
[F5(4A)In this section “relevant provisions of the companies legislation” has the meaning given by section 3(3B).]
[F6(4B)In this section “company” includes overseas company.]
(5)The maximum period of disqualification under this section is 5 years.
Textual Amendments
F1Words in s. 5(1) substituted (26.10.2023 for specified purposes, 18.11.2025 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 33(2), 219(1)(2)(b); S.I. 2025/1118, reg. 2(1)(e)
F2Words in s. 5(2) substituted (1.4.2005) by Courts Act 2003 (c. 39), ss. 109(1), 110, Sch. 8 para. 30(b); S.I. 2005/910, art. 3(y)
F3S. 5(3)(3A) substituted for s. 5(3) (26.10.2023 for specified purposes, 18.11.2025 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 33(3), 219(1)(2)(b); S.I. 2025/1118, reg. 2(1)(e)
F4S. 5(4)(b) and word omitted (26.10.2023 for specified purposes, 18.11.2025 in so far as not already in force) by virtue of Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 33(4), 219(1)(2)(b); S.I. 2025/1118, reg. 2(1)(e)
F5S. 5(4A) substituted (26.10.2023 for specified purposes, 18.11.2025 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 33(5), 219(1)(2)(b); S.I. 2025/1118, reg. 2(1)(e)
F6S. 5(4B) inserted (26.5.2015 for specified purposes, 1.10.2015 in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 7 para. 6; S.I. 2015/1329, reg. 3(c); S.I. 2015/1689, reg. 2(g)
Modifications etc. (not altering text)
C1Ss. 4–6 extended (with modifications) (1.7.1989) by S.I. 1989/638, regs. 20, 21
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