243Member-nominated trustees and directors: supplementaryE+W+S
(1)The Secretary of State may, by order, amend sections 241(1)(a) and (4) and 242(1)(a) and (4) by substituting, in each of those provisions, “one-half” for “one-third”.
(2)Regulations may modify sections 241 and 242 (including any of the provisions mentioned in subsection (1)) in their application to prescribed cases.
(3)In sections 241 and 242—
“company” means a company [F1as defined in section 1(1) of the Companies Act 2006] or a company which may be wound up under Part 5 of the Insolvency Act 1986 (c. 45) (unregistered companies);
“occupational trust scheme” means an occupational pension scheme established under a trust.
Textual Amendments
F1Words in s. 243(3) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 243(9) (with art. 10)
Commencement Information
I1S. 243 in force at 1.11.2005 by S.I. 2005/2447, art. 2(2)