24 Persons disqualified from registration: individuals

An individual is disqualified from registration if he or she is—

(a)

under 18 years of age; or

(b)

a banned person; or

(c)

an undischarged bankrupt; or

(d)
[Repealed]

(e)
[Repealed]

(f)

a person who is an officer of a licensee company, a chief executive officer of a licensee company, or a branch manager and—

(i)

in respect of whom the approval of the Board under section 20 or section 21 or section 57(2) of the former Act has been cancelled; or

(ii)

who has been suspended under the former Act; or

(g)
[Repealed]

(h)

a person whose registration as a motor vehicle trader has been cancelled under section 42 within the preceding 5 years; or

(i)

a person who is prohibited from being a director or promoter of, or being concerned or taking part in the management of, an incorporated or unincorporated body under the Companies Act 1993, or the Financial Markets Conduct Act 2013, or the Takeovers Act 1993; or

(j)

a person who has been convicted of a crime involving dishonesty within the preceding 5 years; or

(k)

a person who has been convicted of an offence against sections 17 to 22 or 24 to 26 of the Fair Trading Act 1986 within the preceding 5 years; or

(l)
[Repealed]

(m)

subject to a property order made under section 30 or section 31 of the Protection of Personal and Property Rights Act 1988.

Section 24(d): repealed, on 24 October 2019, by section 82 of the Statutes Amendment Act 2019 (2019 No 56).

Section 24(e): repealed, on 24 October 2019, by section 82 of the Statutes Amendment Act 2019 (2019 No 56).

Section 24(g): repealed, on 24 October 2019, by section 82 of the Statutes Amendment Act 2019 (2019 No 56).

Section 24(i): substituted, on 25 October 2006, by section 25 of the Securities Amendment Act 2006 (2006 No 46).

Section 24(i): amended, on 1 December 2014, by section 150 of the Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70).

Section 24(l): repealed, on 10 September 2008, by section 10(2) of the Disability (United Nations Convention on the Rights of Persons with Disabilities) Act 2008 (2008 No 64).