Paragraph 27 Termination of alternate directorshipI1
United Kingdom
An alternate director’s appointment as an alternate terminates—
when the alternate’s appointor revokes the appointment by notice to the company in writing specifying when it is to terminate;
on the occurrence in relation to the alternate of any event which, if it occurred in relation to the alternate’s appointor, would result in the termination of the appointor’s appointment as a director;
on the death of the alternate’s appointor; or
when the alternate’s appointor’s appointment as a director terminates, except that an alternate’s appointment as an alternate does not terminate when the appointor retires by rotation at a general meeting and is then re-appointed as a director at the same general meeting.
Annotations
Commencement
- I1
Sch. 3 art. 27 in force at 1.10.2009, see reg. 1