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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 4 March 2024 - onwards
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156C. Existing director who is not a natural person

(1) In this section "the relevant day" is the day after the end of the period of 12 months beginning with the day on which section 156A comes into force.

(2) Where -

(a) a person appointed a director of a company before section 156A comes into force is not a natural person, and

(b) the case is not one excepted from that section by regulations under section 156B,

that person ceases to hold office by virtue of that appointment on the relevant day.

(2A) Nothing in this section affects any liability of a person under any provision of the Companies Acts or any other enactment, if, having ceased to hold office by virtue of subsection (2), the person -

(a) purports to act as director, or

(b) acts as shadow director.

(3)If it appears to the registrar that, as a result of subsection (2), a company should have given notice under section 167G of a person having ceased to be a director but has failed to do so, the registrar must include a note in the register recording that fact.

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