Legislation – Economic Crime and Corporate Transparency Act 2023
Changes to legislation:
There are currently no known outstanding effects for the Economic Crime and Corporate Transparency Act 2023, Section 34.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
PART 1Companies etc
Disqualification in relation to companies
34Disqualification on summary conviction: NI
(1)
Article 8 of the Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002/3150 (N.I. 4)) (disqualification on summary conviction) is amended as follows.
(2)
In paragraph (1), for the words from “provision of the companies legislation” to “the registrar” substitute “of the relevant provisions of the companies legislation”
.
(3)
“(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 Article (including the offence of which the person is convicted as mentioned in paragraph (2) and any other offence of which the person is convicted on the same occasion),
(b)
a financial penalty of the kind mentioned in Article 6(3)(aa) is imposed on the person, or
(c)
a default order within the meaning of Article 6(3)(b) is made against the person.”
(4)
Omit paragraph (4).
(5)
“(4A)
In this Article “relevant provisions of the companies legislation” has the meaning given by Article 6(3ZA).”