Paragraph 25 Appointment and removal of alternatesI1

United Kingdom

(1)

Any director (the “appointor”) may appoint as an alternate any other director, or any other person approved by resolution of the directors, to—

(a)

exercise that director’s powers, and

(b)

carry out that director’s responsibilities,

in relation to the taking of decisions by the directors in the absence of the alternate’s appointor.

(2)

Any appointment or removal of an alternate must be effected by notice in writing to the company signed by the appointor, or in any other manner approved by the directors.

(3)

The notice must—

(a)

identify the proposed alternate, and

(b)

in the case of a notice of appointment, contain a statement signed by the proposed alternate that the proposed alternate is willing to act as the alternate of the director giving the notice.

Annotations

Commencement

I1: Sch. 3 art. 25 in force at 1.10.2009, see reg. 1