The Disqualified Directors Compensation Orders (Fees) (England and Wales) Order 2016
This Order makes provision in England and Wales for charging fees for the function of distributing sums paid to the Secretary of State under the terms of compensation orders and undertakings for the benefit of creditors. The ability for the Secretary of State to apply for compensation orders to be made against, and to accept compensation undertakings from, disqualified directors under section 15A of the Company Directors Disqualification Act 1986 (c.46) was introduced by section 110 of the Small Business, Enterprise and Employment Act 2015 (c.26) which came fully into force on 1st October 2015.