Morocco - Financial sector study
This section applies to the making of a relevant determination in relation to a rating list.
The following are relevant determinations for the purposes of this section—
a determination, for the purposes of compiling or maintaining a rating list (whether or not it is still in force), as to whether a hereditament ought or ought not to be shown in the list;
a determination, for the purposes of maintaining a rating list compiled on 1 April 2017 (whether or not it is still in force), as to the rateable value of a hereditament.
A determination is not a relevant determination for the purposes of this section to the extent that it concerns whether a hereditament or some part of a hereditament—
is or is not domestic property, or
is or is not exempt from non-domestic rating under Schedule 5 to the LGFA 1988.
In making a relevant determination, no account is to be taken of any matter (whether arising before or after the passing of this Act) that is directly or indirectly attributable to coronavirus.
But subsection (4) does not apply to any of the following matters (which, accordingly, may be taken into account in making a relevant determination, whether or not the matter is attributable to coronavirus)—
the physical state of the hereditament in respect of which the determination is made, including whether that state affects the mode or category of occupation of the hereditament;
the quantity of minerals or other substances in or extracted from the hereditament in respect of which the determination is made;
the quantity of refuse or waste material which is brought onto and permanently deposited on the hereditament in respect of which the determination is made.
For the purposes of this section, matters attributable to coronavirus include (but are not limited to) anything done by any person—
with a view to compliance with any legislation which concerns the incidence or spread of coronavirus,
with a view to compliance with any other legislation for reasons relating to the incidence or spread of coronavirus, or
in response to, or otherwise in consequence of, any advice or guidance given by a public authority relating to the incidence or spread of coronavirus.
This section applies to a determination made by reference to a day, or a matter as it is assumed to be on a day, which falls before, as well as on or after, the day on which this Act is passed.
In this section—
“coronavirus” means severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2);
“coronavirus” means severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2);
“domestic property” has the meaning given by section 66 of the LGFA 1988;
“domestic property” has the meaning given by section 66 of the LGFA 1988;
“hereditament” has the meaning given by section 64 of the LGFA 1988, and the reference in subsection (2)(a) to a determination as to whether a hereditament ought or ought not to be shown in a list includes a determination as to whether something is or is not a hereditament;
“hereditament” has the meaning given by section 64 of the LGFA 1988, and the reference in subsection (2)(a) to a determination as to whether a hereditament ought or ought not to be shown in a list includes a determination as to whether something is or is not a hereditament;
“the LGFA 1988” means the Local Government Finance Act 1988;
“rating list” means a local non-domestic rating list or central non-domestic rating list under Part 3 of the LGFA 1988.
“rating list” means a local non-domestic rating list or central non-domestic rating list under Part 3 of the LGFA 1988.
The Valuation for Rating (Coronavirus) (England) Regulations 2021 (S.I. 2021/398) (which are superseded by the provision made by this section) are revoked.
The Company Directors Disqualification Act 1986 is amended as follows.
In section 6 (duty of court to disqualify unfit directors of insolvent companies)—
in the heading, omit “of insolvent companies”;
in subsection (1)—
omit “, it is satisfied”;
for paragraphs (a) and (b) substitute—;
in subsection (3), after paragraph (c) insert—
In section 7 (disqualification orders under section 6: applications and acceptance of undertakings)—
in subsection (2), for the words from “the day” to the end substitute —;
in subsection (4)(a), after “insolvent” insert “or been dissolved without becoming insolvent”.
In section 8ZA (order disqualifying person instructing unfit director of insolvent company), in the heading, omit “of insolvent company”.
In section 8ZB (application for order under section 8ZA), in subsection (2), at the end insert “or was dissolved without becoming insolvent.”
In section 15A (compensation orders and undertakings), in subsection (3)(b), after “company” insert “, or a company which has been dissolved without becoming insolvent,”.
In section 22A (application of Act to building societies), after subsection (3) insert—
In section 22B (application of Act to incorporated friendly societies), in subsection (3A), for the words from “sections” to the end substitute —
In section 22C (application of Act to NHS foundation trusts), after subsection (2) insert—
In section 22E (application of Act to registered societies), in subsection (4), for paragraph (f) substitute—
In section 22F (application of Act to charitable incorporated organisations), in subsection (3), after paragraph (b) insert—.
In section 22G (application of Act to further education bodies), in subsection (3), after paragraph (a) insert—.
In section 22H (application of Act to protected cell companies), in subsection (4), before paragraph (a) insert—.
The amendments made by this section have effect in relation to conduct of directors of companies occurring, and in relation to companies dissolved, at any time before, as well as after, the passing of this Act.
The Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002/3150 (N.I. 4)) is amended as follows.
In Article 9 (duty of High Court to disqualify unfit directors of insolvent companies)—
in the heading, omit “of insolvent companies”;
in paragraph (1)—
omit “, it is satisfied”;
for sub-paragraphs (a) and (b) substitute—
In Article 10 (disqualification orders under Article 9: applications and acceptance of undertakings)—
in paragraph (2), for the words from “the day” to the end substitute —;
after paragraph (5) insert—
In Article 11A (order disqualifying person instructing unfit director of insolvent company), in the heading, omit “of insolvent company”.
In Article 11B (application for order under Article 11A)—
in paragraph (2), at the end insert “or was dissolved without becoming insolvent.”;
for paragraph (3) substitute—
In Article 11C (disqualification undertaking instead of an order under Article 11A), for paragraph (4) substitute—
In Article 19A (compensation orders and undertakings), in paragraph (3)(b), after “company” insert “, or a company which has been dissolved without becoming insolvent,”.
In Article 24D (application of Order to building societies), after paragraph (3) insert—
In Article 25 (application of Order to incorporated friendly societies), in paragraph (3A), for the words from “Articles” to the end substitute —
In Article 25A (application of Order to registered societies), in paragraph (2), for sub-paragraph (g) substitute—
In Article 25B (application of Order to credit unions), in paragraph (3), for sub-paragraph (c) substitute—.
In Article 25C (application of Order to protected cell companies), in paragraph (4), before sub-paragraph (a) insert—.
The amendments made by this section have effect in relation to conduct of directors of companies occurring, and in relation to companies dissolved, at any time before, as well as after, the passing of this Act.
Section 1 extends to England and Wales.
An amendment made by section 2 or 3 has the same extent as the provision amended.
This section extends to England and Wales, Scotland and Northern Ireland.
The following provisions of this Act come into force on the day on which it is passed—
section 1;
section 2, for the purposes of the exercise by the Secretary of State or the official receiver of powers under section 7(4) of the Company Directors Disqualification Act 1986;
section 3, for the purposes of the exercise by the Department or the official receiver of powers under Article 10(5A) of the Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002/3150 (N.I. 4)) (inserted by section 3(3)(b));
this section.
Sections 2 and 3 come into force for remaining purposes at the end of the period of two months beginning with the day on which this Act is passed.
This Act may be cited as the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Act 2021.