Part 2 Restrictions on School Companies

1. 5Persons who may be admitted to membership of School Companies
2. 6Restriction on entering into contracts in which a director of the company has an interest
3. 7Procedure in meetings of the directors if a director has an interest in a matter to be discussed
4. 8Directors of School Companies and their remuneration
5. 9Procedure for deciding remuneration and benefits of directors
6. 10Application of any surplus or profits of a school company
7. 11Permission required before a school company may borrow
8. 12Restriction on school funding of school companies
9. 13Circumstances where a governing body must withdraw from a school company
10. 14Notice required if a member wishes to leave a company