The Risk Transformation Regulations 2017

Directors’ powers

This adran has no associated Memorandwm Esboniadol

85.—(1) The directors have such powers as—

(a)are necessary to fulfil their duties; or

(b)are conferred upon them by the protected cell company’s instrument of incorporation.

(2) Those powers extend to each part of the protected cell company, except to the extent that the instrument of incorporation provides otherwise.