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SCHEDULETRANSITIONAL AND SAVINGS PROVISIONS IN RESPECT OF PROVISIONS BROUGHT INTO FORCE

PART 1PROVISIONS COMING INTO FORCE ON 6TH APRIL 2016

1.  The changes made by section 107 of the Act have no effect in respect of an office-holder reporting on the conduct of a person who is or has been a director of an insolvent company in cases where the insolvency date in respect of that company is before 6th April 2016.

2.  “Insolvency date” in paragraph 1 has the meaning given in section 7A(10) of the Company Directors Disqualification Act 1986(1).

3.  The changes made by section 112 of and paragraph 5 of Schedule 8 to the Act have no effect in respect of an office-holder reporting on the conduct of a person who is or has been a director of an insolvent company in cases where the insolvency date in respect of that company is before 6th April 2016.

4.  “Insolvency date” in paragraph 3 has the meaning given in Article 10A(10) of the Company Directors Disqualification (Northern Ireland) Order 2002(2).