Water Services Act 2013
|
Disqualification for office of director of subsidiary. |
7.— (1) A director of the subsidiary shall cease to be qualified, and cease, to be a director of the subsidiary if he or she— | |
(a) is adjudicated bankrupt, | ||
(b) makes a composition or arrangement with creditors, | ||
(c) is sentenced by a court of competent jurisdiction to a term of imprisonment, | ||
(d) is convicted of any indictable offence in relation to a company, | ||
(e) is convicted of an offence involving fraud or dishonesty, whether in connection with a company or not, or | ||
(f) is the subject of an order under section 160 of the Companies Act 1990 . | ||
(2) This section is in addition to, and not in substitution for, any provision of the Companies Acts by virtue of which a person is not qualified, or shall cease, to be a director of a company. |