What does the Company Directors Disqualification Act 1986 enable?

The Company Directors Disqualification Act 1986 provides for the disqualification of individuals from serving as directors of companies if they have been convicted of certain offenses, particularly those related to company management such as fraudulent trading or misconduct. This act is designed to protect the public and maintain integrity in business operations by preventing individuals who have demonstrated untrustworthy behavior from taking on roles that could allow them to engage in similar conduct in the future.

By focusing on the disqualification of convicted directors, the act aims to uphold standards of corporate governance and accountability. This ensures that those in positions of authority within companies have the necessary moral and legal compliance to manage the operations effectively and in line with the law.