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35 Power to impose director disqualification sanctions

(1) The Sanctions and Anti-Money Laundering Act 2018 is amended as follows.

(2) In section 1 (power to make sanctions regulations), in subsection (5), after paragraph (a) insert -

"(aa) impose director disqualification sanctions (see section 3A);".

(3) After section 3 insert -

"3A Director disqualification sanctions

(1) For the purposes of section 1(5)(aa) regulations "impose director disqualification sanctions" if they provide for designated persons (see section 9) to be persons subject to director disqualification sanctions for the purposes of -

(a) section 11A of the Company Directors Disqualification Act 1986, and

(b) Article 15A of the Company Directors Disqualification (Northern Ireland) Order 2002.

(2) As to the effect of such provision, see -

(a) section 11A of the Company Directors Disqualification Act 1986, and

(b) Article 15A of the Company Directors Disqualification (Northern Ireland) Order 2002."

(4) In section 9 ("designated persons") -

(a) in subsection (1), for "3 and 4

Comparing proposed amendment...