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. 10(1)(h)
Notes on the whole SI
Textual amendments
- F1
Regulations extended (with modifications) (31.12.2020 immediately after S.I. 2020/590 and S.I. 2020/951 come into force) by The Republic of Guinea-Bissau (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1587), regs. 1, 2, Schs. 1, 2 (as amended (11.12.2025) by The Sanctions (Miscellaneous Amendments) (Overseas Territories) Order 2025 (S.I. 2025/1307), art. 1(1), Sch. 8)