3(1)A director may resign his office by notice in writing to Associated British Ports.U.K.
(2)The office of director is vacated if the director—
(a)becomes [F1there is substituted “is the subject of a bankruptcy restrictions order [F2, an interim bankruptcy restrictions order, a debt relief restrictions order or an interim debt relief restrictions order (under Schedule 4ZB of the Insolvency Act 1986)]], or in Scotland has his estate sequestrated F3...; or
(b)becomes of unsound mind; or
(c)is absent from meetings of the directors for a period of more than six months without the permission of the directors.
Textual Amendments
F1Words in Sch. 2 para. 3(2)(a) substituted (29.6.2006) by Enterprise Act 2002 (Disqualification from Office: General) Order 2006 (S.I. 2006/1722), art. 1(1), Sch. 2 para. 3(a)
F2Words in Sch. 2 para. 3(2)(a) substituted (1.10.2012) by The Tribunals, Courts and Enforcement Act 2007 (Consequential Amendments) Order 2012 (S.I. 2012/2404), art. 1, Sch. 2 para. 15 (with arts. 5, 6)
F3Words in Sch. 2 para. 3(2)(a) omitted (29.6.2006) by virtue of Enterprise Act 2002 (Disqualification from Office: General) Order 2006 (S.I. 2006/1722), art. 1(1), Sch. 2 para. 3(b)