Regulation 16 Time limits for making alternative arrangements under section 19F1
England, Wales and Scotland
Where, by virtue of section 19(1) (alternative arrangements for selecting directors), section 18 does not apply to a company, the company must secure that the alternative arrangements are made no later than is necessary to secure that directors can be selected immediately in pursuance of the arrangements to fill any vacancy arising after the appropriate time.
In paragraph (1), “the appropriate time" means—
in a case where, immediately before the approval of the alternative arrangements, section 18 applied to the company, the expiry of the period of six months beginning with the date on which F2the employer gives notice to the company under regulation 15(1)(b)(ii) in respect of the approval of the arrangements;
in a case where, immediately before the approval of the alternative arrangements section 18 did not apply to the company—
if the approval is for the continuation of existing alternative arrangements, the date on which the employer gives notice to the company under regulation 15(1)(b)(ii) in respect of the approval of the arrangements; and
otherwise, the expiry of the period of six months beginning with that date.
Annotations
Textual amendments
- F1
Regulations revoked with savings (6.4.2006) by The Occupational Pension Schemes (Member-nominated Trustees and Directors) Regulations 2006 (S.I. 2006/714), regs. 1(1), 6, Sch. (with reg. 4)
- F2
Words in reg. 16(2)(a) substituted (30.12.1999) by The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations 1999 (S.I. 1999/3198), regs. 1(1), 7(4)
Notes on the whole SI
Textual amendments
- F1
Regulations revoked with savings (6.4.2006) by The Occupational Pension Schemes (Member-nominated Trustees and Directors) Regulations 2006 (S.I. 2006/714), regs. 1(1), 6, Sch. (with reg. 4)