Member-nominated trustees and directors: supplementaryN.I.
This section has no associated Explanatory Memorandum
220.—(1) The Department may, by order, amend Articles 218(1)(a) and (4) and 219(1)(a) and (4) by substituting, in each of those provisions, “one-half” for “one-third”.
(2) Regulations may modify Articles 218 and 219 (including any of the provisions mentioned in paragraph (1)) in their application to prescribed cases.
(3) In Articles 218 and 219—
“company” means a company within the meaning given by Article 3(1) of the Companies Order or a company which may be wound up under Part VI of the Insolvency Order (unregistered companies);
“occupational trust scheme” means an occupational pension scheme established under a trust.