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Church of Scotland (Properties and Investments) Order Confirmation Act 1994
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- UK Local Acts
- 1994 c. v
- SCHEDULE
- Part III
- Paragraph 17
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Appointment and removal of members
17(1)The Investors Trust shall report to the General Assembly all vacancies in its membership and may nominate persons for appointment by the General Assembly to fill any vacancies.
(2)The General Assembly shall appoint or reappoint three persons to be members of the Investors Trust in place of the three members of the Investors Trust retiring in terms of this Order.
(3)If a member of the Investors Trust dies, resigns or becomes disqualified or is removed from office, the General Assembly shall have power to appoint another member of the Investors Trust.
(4)Subject to the provisions of subsection (6) of this section, the General Assembly shall have power to appoint persons to be additional members of the Investors Trust beyond the number specified in section 13 (Incorporation) of this Order.
(5)Subject to the provisions of subsection (6) of this section, the Investors Trust may at any time co-opt persons to be additional members of the Investors Trust provided that any person so co-opted shall not remain a member of the Investors Trust after the next meeting of the General Assembly unless his co-option is then ratified by the General Assembly.
(6)The number of members of the Investors Trust shall not exceed 20.
(7)The General Assembly shall have power to remove any member of the Investors Trust from office.
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