Chairing of directors' meetings
17.—(1) The directors may appoint a director to act as chair for their meetings.
(2) The person so appointed for the time being is known as the chair.
(3) The directors may terminate the chair’s appointment at any time.
(4) If the chair is not participating in a directors' meeting within ten minutes of the time at which it was to start, the participating directors must appoint one of themselves to act as chair.