Companies Act 1948 (c. 38)

SCHEDULES.

FIRST SCHEDULE Tables A, B, C, D and E.

TABLE A

PART I Regulations for Management of a Company limited by Shares, not being a Private Company.

Rotation of Directors.

90 The directors to retire in every year shall be those who have been longest in office since their last election, but as between persons who became directors on the same day those to retire shall (unless they otherwise agree among themselves) be determined by lot.