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Standard Life Assurance Company Act 1991 (c.iii)

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6Existing directors, officers, etc., to continue in office

(1)The existing directors of the Company shall, subject to the provisions of this Act and to the regulations, continue to be the directors of the Company.

(2)All existing officers, employees, agents and others in the employment of the Company and the existing auditors of the Company shall, subject to the provisions of this Act and to the regulations, continue to hold their respective offices and employments under the Company with the like rights and privileges and subject to the like conditions, obligations and penalties, the same powers of removal and the same rules and restrictions as attached or related to those offices and employments immediately before the appointed day.

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