Paragraph 4

United Kingdom

A person may be removed from office as chairman, deputy chairman or other member only if—

(a)

he has been F1made bankrupt,F2has had a debt relief order made in respect of him (under Part 7A of the Insolvency Act 1986), has had his estate sequestrated or has made a composition or arrangement with, or granted a trust deed for, his creditors; or

(b)

he is failing to carry out the duties of his office or is otherwise unable or unfit to carry out those duties.

Annotations

Textual amendments

F1: Word in Sch. 1 para. 4(a) substituted (6.4.2016) by The Enterprise and Regulatory Reform Act 2013 (Consequential Amendments) (Bankruptcy) and the Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) Regulations 2016 (S.I. 2016/481), reg. 1, Sch. 1 para. 18
F2: Words in Sch. 1 para. 4(a) inserted (1.10.2012) by The Tribunals, Courts and Enforcement Act 2007 (Consequential Amendments) Order 2012 (S.I. 2012/2404), art. 1, Sch. 2 para. 43 (with art. 5)