OpenLegislation

Paragraph 7 Rights to appoint or remove members of the boardI1I2

United Kingdom

A reference to the right to appoint or remove a majority of the board of directors of a person is to the right to appoint or remove directors holding a majority of the voting rights at meetings of the board on all or substantially all matters.

Annotations

Commencement

I1

Sch. 1 para. 7 not in force at made date, see reg. 1(2)

I2

Sch. 1 para. 7 in force at 22.3.2019 by S.I. 2019/627, reg. 12(1)(j)

Notes on Schedule 1

Textual amendments

F1

Words in Sch. 1 heading substituted (14.10.2021 at noon) by The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 36(1)

F2

Sch. 1 shoulder note substituted (14.10.2021 at noon) by The Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146), regs. 1(2), 36(2)