Section 34 — Disqualification on summary conviction: NI

(1) Article 8 of the Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002/3150 (N.I. 4)) (disqualification on summary conviction) is amended as follows.

(2) In paragraph (1), for the words from “provision of the companies legislation” to “the registrar” substitute “of the relevant provisions of the companies legislation”.

(3) For paragraph (3) substitute— (3) Those circumstances are that, during the 5 years ending with the date of the conviction, there have been no fewer than 3 relevant findings of guilt in relation to the person. (3A) For these purposes, there is a relevant finding of guilt in relation to the person if — (a) the person is convicted of an offence counting for the purposes of this Article (including the offence of which the person is convicted as mentioned in paragraph (2) and any other offence of which the person is convicted on the same occasion), (b) a financial penalty of the kind mentioned in Article 6(3)(aa) is imposed on the person, or (c) a default order within the meaning of Article 6(3)(b) is made against the person.

(4) Omit paragraph (4).

(5) For paragraph (4A) substitute— (4A) In this Article “relevant provisions of the companies legislation” has the meaning given by Article 6(3ZA).