- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
8. If the Trustees are satisfied that a trustee—
(a)has without the permission of the Trustees been absent from duly convened meetings of the Trust—
(i)for a period during which three such meetings have been held, or
(ii)for a period of three months,
whichever of these periods is the longer; or
(b)has become bankrupt or has entered into an arrangement with his creditors; or
(c)is incapacitated by physical or mental illness from discharging the functions of a trustee; or
(d)is otherwise unable, unwilling or unfit to discharge the functions of a trustee,
the Trustees may declare the office of that trustee to be vacant with effect from the date of that declaration.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Click 'View More' or select 'More Resources' tab for additional information including: