The Disqualified Directors Compensation Orders (Fees) (Scotland) Order 2016
This Order makes provision in Scotland for charging fees for the function of distributing sums paid to the Secretary of State under compensation orders and undertakings for the benefit of creditors. The ability for the Secretary of State to apply for compensation orders to be made against, and to accept compensation undertakings from, disqualified directors under section 15A of the Company Directors Disqualification Act 1986 (c.46) was introduced by section 110 of the Small Business, Enterprise and Employment Act 2015 (c.26) which came fully into force on 1st October 2015.
Lifecycle
Department
Made
01 Nov 2016
—
In force
30 Nov 2016
Enabling power
The Secretary of State, with the sanction of the Treasury, makes the following Order in exercise of the power conferred by section 414(1)(b) of the Insolvency Act 1986, read in conjunction with section 21(2) of the Company Directors Disqualification Act 1986.
DocumentsOpen on legislation.gov.uk →