The Companies Act 2006 (Commencement No. 5, Transitional Provisions and Savings) Order 2007

Requirement to have at least one director who is a natural person (s.155)

This section has no associated Explanatory Memorandum

46.  If on 8th November 2006—

(a)none of a company’s directors were natural persons, and

(b)section 282 of the 1985 Act or Article 290 of the 1986 Order (requirement as to number of directors) was complied with in relation to the company,

section 155 of the Companies Act 2006 (companies required to have at least one director who is a natural person) does not apply to the company until 1st October 2010.