SCHEDULE 7 REGULATION OF REGISTERED SOCIAL LANDLORDS
PART 2 CONSTITUTION, CHANGE OF RULES, AMALGAMATION AND DISSOLUTION
Company: power to appoint new director
6
(1)
The Scottish Ministers may appoint a person to be a director of a registered social landlord which is a company registered under the Companies Act 1985 (c.6)—
(a)
in place of a director removed by them,
(b)
where there are no directors, or
(c)
where they are of the opinion that it is necessary for the proper management of the company’s affairs to have an additional director.
(2)
A person may be so appointed whether or not that person is a member of the company and despite anything in the company’s articles of association.
(3)
A person appointed under this paragraph holds office for such period and on such terms as the Scottish Ministers may specify, and on the expiry of the appointment the Scottish Ministers may renew the appointment for such period as they may specify; but this does not prevent such a person from retiring in accordance with the company’s articles of association.
(4)
A person appointed under this paragraph is entitled—
(a)
to attend, speak and vote at any general meeting of the company and to receive all notices of and other communications relating to any general meeting which a member of the company is entitled to receive,
(b)
to move a resolution at any general meeting of the company, and
(c)
to require an extraordinary general meeting of the company to be convened within 21 days of a request to that effect made in writing to the directors of the company.