What the official record says
This Act is the Regulatory Systems (Economic Development) Amendment Act . This Act comes into force immediately after the expiry of the 2-month period that starts on the date of Royal assent. This Part amends the Building Societies Act 1965. In section 124(1), delete . In section 124(1)(c), replace with . In section 124(3), delete . This Part amends the Companies Act 1993. After section 151(2)(b), insert: a person who is prohibited from being a director of a company under section 299(1)(b) of the Insolvency Act 2006: a person who is prohibited from directly or indirectly being concerned, or taking part, in the management of a company under section 299(1)(c) of the Insolvency Act 2006: Replace section 280(1)(l) with: a person who is prohibited from being a director of a company under s