Part 1: Companies House Reform Company formation Section 5: Proposed officers: disqualification
This section amends section 12 of the Companies Act 2006 (statement of proposed officers) to require that applications to register a company include a statement by the subscribers to the memorandum of association that none of the proposed directors are disqualified directors under directors’ disqualification legislation, or are otherwise ineligible to be a director.
	If a proposed director is disqualified, but has received permission of a court to act as a director in the jurisdiction in which the company is registered, or they have received a licence granting them authority to act under section 15(3A)(a) of the Sanctions and Anti-Money Laundering Act 2018 ("SAMLA 2018"), the application must contain a statement to this effect, specifying particular details of the permission or the licence. If the application does not include a statement required under section 12(4), and (5) or (7) or they are false, the Registrar will reject the application to form a company.
	The definition of a disqualified person is provided in section 159A(2) of the Companies Act 2006. It covers persons disqualified under the Company Directors Disqualification Act 1986, and the Company Directors Disqualification (Northern Ireland) Order 2002. This definition concerns not only persons subject to disqualification orders and undertakings, but also: undischarged bankrupts, persons subject to bankruptcy restrictions order or undertakings, debt relief restrictions orders or undertakings and moratoriums under the debt relief orders, as well as persons subject to director disqualification sanctions under the SAMLA 2018.
	This section also amends section 16(6) of the Companies Act 2006 by stating that a person ineligible for appointment by virtue of any enactment, cannot be deemed appointed as a director or as a secretary or joint secretary of a company, as a result of the registration of a company.