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AI Summary of 825. Restricted person shall give notice to company before accepting appointment or acting as director or secretary

Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2015 - onwards
Version 2 of 2

825. Restricted person shall give notice to company before accepting appointment or acting as director or secretary

(1) A restricted person shall not be appointed or act in any way, whether directly or indirectly, as a director or secretary of a company unless he or she has given the company notice in writing in accordance with subsection (2) that he or she is a restricted person.

(2) The restricted person shall send the notice to the registered office of the company within the period of 14 days immediately before the date on which the restricted person accepts the appointment or acts in any way referred to in subsection (1).

(3) A person who accepts the appointment or acts in any way referred to in subsection (1) without having complied with that subsection shall be guilty of a category 3 offence.

(4) In this section "company" means any company referred to in section 819(6).