# Pensions Act 2004, Section 243: Member-nominated trustees and directors: supplementary

Extent: E+W+S

(1) The Secretary of State may, by order, amend sections 241(1)(a) and (4) and 242(1)(a) and (4) by substituting, in each of those provisions, “one-half” for “one-third”.
(2) Regulations may modify sections 241 and 242 (including any of the provisions mentioned in subsection (1)) in their application to prescribed cases.
(3) In sections 241 and 242—
“company” means a company as defined in section 1(1) of the Companies Act 2006 or a company which may be wound up under Part 5 of the Insolvency Act 1986 (c. 45) (unregistered companies);
“occupational trust scheme” means an occupational pension scheme established under a trust.

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Source: https://www.legislation.gov.uk/ukpga/2004/35/section/243 (the official version)
Page: https://openlegislation.uk/pensions-act-2004/section-243
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.