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Article 220 Member-nominated trustees and directors: supplementary

Original text. Later amendments are not shown.

(1)

The Department may, by order, amend Articles 218(1)(a) and (4) and 219(1)(a) and (4) by substituting, in each of those provisions, “one-half” for “one-third”.

(2)

Regulations may modify Articles 218 and 219 (including any of the provisions mentioned in paragraph (1)) in their application to prescribed cases.

(3)

In Articles 218 and 219—

  • “company” means a company within the meaning given by Article 3(1) of the Companies Order or a company which may be wound up under Part VI of the Insolvency Order (unregistered companies);

  • “occupational trust scheme” means an occupational pension scheme established under a trust.