Section 41 — Section 40: amendments to clarify existing corresponding provisions
Extent: E+W+S+N.I.
This version in force from 2024-03-04
Snapshot: 2026-08-24
Reproduced from legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Amendments made after 2026-08-24 may not be reflected — always check the official text .
(1) The Companies Act 2006 is amended as follows.
(2) In section 156C (existing director who is not a natural person)—
(a) in subsection (2), for “be a director” substitute “hold office by virtue of that appointment”;
(b) after subsection (2) insert— (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) In section 158 (power to provide for exceptions from minimum age requirement)—
(a) in subsection (3), after “office” insert “by virtue of that appointment”;
(b) after subsection (3) insert— (3A) Nothing in subsection (3) 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 that subsection, the person— (a) purports to act as director, or (b) acts as shadow director.
(4) Omit section 159 (which is spent).