Section 133: Qualifications of directors

133. Qualifications of directors (1) A company shall appoint a natural person as director. (2) No person shall be appointed, or hold office, as a director of a company if he is a person who— (a) is under 18 years of age; (b) subject to section 138 (4) to (7), is, in the case of a public company, over 70 years of age; (c) is an undischarged bankrupt; (d) would, but for the repeal of section 117 of the Companies Act 1984, be prohibited from being a director or promoter of, or being concerned or taking part in the management of, a company within the meaning of that Act; (e) is prohibited from being a director or promoter of, or being concerned or taking part in the management of, a company under section 337 or 338; (f) is not a natural person; (g) has been adjudged to be of unsound mind; (h) by virtue of the constitution of a company, does not comply with any qualifications for directors. (3) A person who is disqualified from being a director but who acts as a director shall be deemed to be a director for the purposes of a provision of this Act that imposes a duty or an obligation on a director of a company.