Companies Act 2014 section 150

Supplemental provisions (including offences) in relation to section 149

Section 150 sets out the additional requirements and offences relating to the register of directors and secretaries, particularly concerning directors who have been disqualified in another country, and provides for the possible exemption of officers' residential addresses from the public register.

  • A director who is disqualified in another country must ensure that the notification to the Registrar includes the jurisdiction, date, and duration of the disqualification as a separate signed statement in the prescribed form.
  • Every director, secretary, and assistant or deputy secretary must promptly provide the company with any information it needs to maintain the register and file the required notifications, and failure to comply with these obligations is a category 3 offence for both the company and the individuals concerned.
  • Companies must make reasonable enquiries of any person being appointed as director to establish whether they are subject to a foreign disqualification order, though the company's failure to enquire does not relieve the individual of their own disclosure obligations.
  • The Minister may make regulations exempting a company officer's residential address from appearing on the public register where there are genuine concerns about that person's personal safety or security, subject to specified conditions.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.