The Compensation Orders (Disqualified Directors) Proceedings (No. 2) Rules (Northern Ireland) 2025
These Rules make provision for the procedure for bringing applications for compensation orders and applications for the variation and revocation of compensation undertakings. The ability for the Department for the Economy to apply for compensation orders to be made against, and to accept compensation undertakings from, disqualified directors under Article 19A of the Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002 No. 3150 (N.I. 4)) was introduced by section 112 of, and paragraph 8 of Schedule 8 to, the Small Business, Enterprise and Employment Act 2015 (c.26) as from 1 October 2015.