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Baxi Partnership Limited Trusts Act 2000
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- 2000 c. iv
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Substituted provisions of employee benefit trust dated 7th March 1984
1.INTERPRETATION (1.1) In this Deed the following expressions have the...
4.Trusts of income (4.1) The Trustees shall hold the income...
5.EMPLOYEE OWNERSHIP THROUGH THE TRUSTEES RETAINING A CONTROLLING INTEREST IN...
6.RECONSTRUCTIONS (6.1) Notwithstanding anything in Clause 5 of this Deed,...
7.PROVISIONS TO TAKE EFFECT ON THE INSOLVENT LIQUIDATION OF BPL...
8.EXCLUSION OF CERTAIN PERSONS FROM BENEFIT UNDER THE TRUST Notwithstanding...
9.THE TRUSTEES TO HAVE POWER TO ACQUIRE FURTHER SHARES IN...
10.THE TRUSTEES TO HAVE POWER TO BORROW The Trustees shall...
11.THE TRUSTEES TO HAVE POWER TO EXERCISE THEIR RIGHTS AS...
12.DIVIDENDS (12.1) The Trustees shall not be under any duty...
14.COMPOSITION OF THE TRUSTEE BODY (14.1) The statutory power of...
15.TRUSTEES WHO ARE EMPLOYEES OR ARE OFFICERS OF A COMPANY...
16.PROCEEDINGS OF THE TRUSTEES (16.1) The Trustees shall meet together...
17.FURTHER POWERS OF THE TRUSTEES The Trustees shall have the...
18.FURTHER ADMINISTRATIVE POWERS OF THE TRUSTEES (18.1) Insofar as no...
19.LIMITATION OF THE TRUSTEES' LIABILITY (19.1) No Trustee shall be...
20.TRUSTEE REMUNERATION (20.1) Any Trustee being a solicitor, accountant or...
24.THE TRUSTEES TO HAVE POWER TO MAKE MINOR AMENDMENTS TO...
26.RESTRICTIONS ON THE AMENDMENT POWERS CONTAINED IN CLAUSES 23, 24...
27.THE TRUSTEES TO HAVE POWER TO AMEND THE CORE PROVISIONS...
28.THE TRUSTEES TO HAVE POWER TO MODIFY THE FORMAL REQUIREMENTS...
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