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Paragraph 88

Original text. Later amendments are not shown.

The office of director shall be vacated if the director—

(a)

ceases to be a director by virtue of section 182 or 185 of the Act; or

(b)

becomes bankrupt or makes any arrangement or composition with his creditors generally ; or

(c)

becomes prohibited from being a director by reason of any order made under section 188 of the Act ; or

(d)

becomes of unsound mind ; or

(e)

resigns his office by notice in writing to the company ; or

(f)

shall for more than six months have been absent without permission of the directors from meetings of the directors held during that period.