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Article 220 Member-nominated trustees and directors: supplementary

Northern Ireland

(1)

The Department may, by order, amend Articles 218(1)(a) and (4) and 219(1)(a) and (4) by substituting, in each of those provisions, “one-half” for “one-third”.

(2)

Regulations may modify Articles 218 and 219 (including any of the provisions mentioned in paragraph (1)) in their application to prescribed cases.

(3)

In Articles 218 and 219—

  • “company” means a company F1as defined in section 1(1) of the Companies Act 2006 or a company which may be wound up under Part VI of the Insolvency Order (unregistered companies);

  • “occupational trust scheme” means an occupational pension scheme established under a trust.

Annotations

Textual amendments

F1

Art. 220(3): words in definition of "company" substituted (1.10.2009) by Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), Sch. 1 para. 252(8) (with art. 10)