Paragraph 16 Rights to appoint or remove members of the boardI1I2I3
United Kingdom
A reference to the right to appoint or remove a majority of the board of directors of a legal entity is a reference 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.
Annotations
Commencement
- I1
Sch. 2 para. 16 not in force at Royal Assent, see s. 69
- I2
Sch. 2 para. 16 in force at 1.8.2022 (except in so far as relating to ss. 7–11 of the Act) by S.I. 2022/876, reg. 3(b)
- I3
Sch. 2 para. 16 in force at 12.10.2022 by S.I. 2022/1039, reg. 2(b)