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* be an undischarged bankrupt, or | * be an undischarged bankrupt, or | ||
* have been convicted of fraud or certain other criminal offences within last 5 years (unless they received a pardon). | * have been convicted of fraud or certain other criminal offences within last 5 years (unless they received a pardon). | ||
These are ongoing requirements. If a director becomes disqualified, he or she must resign. It is an offence for a non-qualified person to act as director. | These are ongoing requirements. If a director becomes disqualified, he or she must resign. It is an offence for a non-qualified person to act as director. | ||
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