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Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) (Insolvency and Company Directors Disqualification) Regulations 2015 SI 2015/1651:
Amendments to director disqualification forms specified to be used by certain court officers are made following the commencement of parts of small business, enterprise and employment legislation. Amendments are also made relating to the collective investment scheme. These changes come into effect on 1 October 2015.
The Small Business, Enterprise and Employment Act 2015 (SBEEA 2015) makes provision about, among other things, improved access to finance for business and individuals, regulatory provisions for business, and provision on the exercise of procurement functions by certain public authorities.
A number of amendments are made to secondary legislation in consequence of the commencement of SBEEA 2015, ss 104-116, 137-146.
Following the commencement of SBEEA 2015, ss 104-116, amendments are made to secondary legislation relating to the procedure for disqualification under the Company Directors Disqualification Act 1986 (CDDA 1986), which gives specified courts power to disqualify individuals, and gives the Secretary of State powers to accept disqualification undertakings.
Specifically, forms specified to be used by court officers are amended to include reference to the new CDDA 1986, ss 5A, 8ZB, 8ZD, in form DQ01. Similar amendments are made to forms in Northern Ireland.
In consequence of SBEEA 2015, ss 137-146, amendment is made to secondary legislation relating to collective investment scheme.
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