SCHEDULES

SCHEDULE 1E+W+S Registered social landlords: regulation

Part IIE+W+S Constitution, change of rules, amalgamation and dissolution

Company: power to appoint new directorE+W

7(1)The Corporation may by order appoint a person to be a director of a registered social landlord which is a company registered under the M1Companies Act 1985—

(a)in place of a director removed by the Corporation,

(b)where there are no directors, or

(c)where the Corporation is of the opinion that it is necessary for the proper management of the company’s affairs to have an additional director.

(2)A person may be so appointed whether or not he is a member of the company and notwithstanding anything in the company’s articles of association.

(3)Where a person is appointed under this paragraph—

(a)he shall hold office for such period and on such terms as the Corporation may specify, and

(b)on the expiry of the appointment the Corporation may renew the appointment for such period as it may specify.

This does not prevent a person from retiring in accordance with the company’s articles of association.

(4)A person appointed under this paragraph is entitled—

(a)to attend, speak and vote at any general meeting of the company and to receive all notices of and other communications relating to any general meeting which a member of the company is entitled to receive,

(b)to move a resolution at any general meeting of the company, and

(c)to require an extraordinary general meeting of the company to be convened within 21 days of a request to that effect made in writing to the directors of the company.

Marginal Citations