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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 12 March 2015 - onwards
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86. Restrictions on directors of insolvent ICAVs

(1) The provisions of Chapter 3 of Part 14 of the Companies Act 2014, and the other provisions of that Act relating to restrictions on directors of an insolvent company (within the meaning of section 818), have effect in accordance with subsection (2).

(2) Those provisions have effect as if -

(a) the following references:

(i) the reference to a company referred to in section 819(6) in the definition of "company" in section 818(1);

(ii) the references to a company in section 818(3);

(iii) the final 3 references to a company in section 819(1);

(iv) the references to an investment company in section 819(5);

(v) the references to a company in sections 821(1)(a) and (b), 825(1) and (2) and 836;

(vi) the references to a company in the definition of "restriction" in section 849;

(vii) the references to a company in sections 853(5), 855(1), 858 and 859, included an ICAV, and

(b) the reference in section 828(2) to the constitution of a company included the instrument of incorporation of an ICAV

Comparing proposed amendment...