# Companies Act 2006, Paragraph 3


(1) In section 1162(2)(b) the reference to the right to appoint or remove a majority of the board of directors is to the right to appoint or remove directors holding a majority of the voting rights at meetings of the board on all, or substantially all, matters.
(2) An undertaking shall be treated as having the right to appoint to a directorship if—
(a) a person's appointment to it follows necessarily from his appointment as director of the undertaking, or
(b) the directorship is held by the undertaking itself.
(3) A right to appoint or remove which is exercisable only with the consent or concurrence of another person shall be left out of account unless no other person has a right to appoint or, as the case may be, remove in relation to that directorship.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/schedule/7/paragraph/3 (the official version)
Page: https://openlegislation.uk/companies-act-2006/schedule-7/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

