Section 156C | Existing director who is not a natural person ^F1

(1)In this section “the relevant day” is the day after the end of the period of 12 months beginning with the day on which section 156A comes into force.^F1

(2)Where—^F1F2

(a)a person appointed a director of a company before section 156A comes into force is not a natural person, and^F1

(b)the case is not one excepted from that section by regulations under section 156B,^F1

that person ceases to hold office by virtue of that appointment on the relevant day.

(2A)Nothing in this section affects any liability of a person under any provision of the Companies Acts or any other enactment, if, having ceased to hold office by virtue of subsection (2), the person—^F1F3

(a)purports to act as director, or^F1F3

(b)acts as shadow director.^F1F3

(3)If it appears to the registrar that, as a result of subsection (2), a company should have given notice under section 167G of a person having ceased to be a director but has failed to do so, the registrar must include a note in the register recording that fact.^F1F4