§
395 After Clause 197, insert the following new clause:
("Disabilities on revocation of administration order against individual
.(1) Where a person fails to make any payment which he is required to take by virtue of an administration order under Part VI of the County Courts Act 1984, the court which is administering the estate of that person under that order may, if it thinks fit, revoke the administration order and make an order directing that this section shall apply to that person for such period, not exceeding two years, as may be specified in the order.
(2) A person to whom this section applies by virtue of an order under subsection (1) above shall not, except with the leave of the court which made that order, act as director or liquidator of, or directly or indirectly take part or be concerned in the promotion, formation or management of, a company (within the meaning of section 1 above.
(3) A person to whom this section so applies shall not—
without disclosing the fact that this section applies to him to the person from whom he obtains the credit or, as the case may be, with whom the transaction is entered into.
(4) The reference in subsection (3) above to a person obtaining credit includes a reference to—
(5) A person who contravenes this section shall be guilty of an offence and liable—
§ Lord Lucas of ChilworthMy Lords, I beg to move that this House do agree with the Commons in their Amendment No. 395. I should also like to introduce at this time Amendments Nos. 395A, 407 and 407A.