# The Legislative Reform (Lloyd’s) Order 2008, Article 7: Powers of the Council


(1) Section 6 of the Act shall be amended as follows.
(2) In subsection (5)—
(a) for the words “subsections (6) and (10)” substitute “subsection (10)”;
(b) for paragraphs (a) and (b), substitute—
“(a) Committees, subcommittees or other bodies of persons (whose members need not be members of the Society), or
(b) any person (whether or not a member of the Society).”.
(3) After subsection (5) insert—
“(5A) A delegation under subsection (5) may be made—
(a) to such an extent; and
(b) on such conditions or subject to such restrictions,
as the Council considers appropriate.
(5B) A delegation of the exercise of a power or function made under subsection (5) may authorise the person or body to whom it is delegated to make a further delegation of the exercise of that power or function.”.
(4) In subsection (7)—
(a) for the words “subsections (5) and (6)” substitute “subsection (5)”;
(b) insert after “employees” the words “or officers”.
(5) In subsection (10)—
(a) for the words “under this section” substitute “under subsection (5)”;
(b) for “is revocable” substitute “may be amended or revoked”.

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Source: https://www.legislation.gov.uk/uksi/2008/3001/article/7 (the official version)
Page: https://openlegislation.uk/legislative-reform-lloyds-order-2008/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.