Yn ddilys o 01/12/2001
[F13A(1)A body is to be treated for the purposes of section 13(9) as having the right to appoint to a directorship if—U.K.
(a)a person’s appointment to the directorship follows necessarily from his appointment as an officer of that body; or
(b)the directorship is held by the body itself.
(2)A body (“B”) and some other person (“P”) together are to be treated, for the purposes of section 13(9), as having the right to appoint to a directorship if—
(a)P is a body corporate which has directors and a person’s appointment to the directorship follows necessarily from his appointment both as an officer of B and a director of P;
(b)P is a body corporate which does not have directors and a person’s appointment to the directorship follows necessarily from his appointment both as an officer of B and as a member of P’s managing body; or
(c)the directorship is held jointly by B and P.
(3)For the purposes of section 13(9), a right to appoint (or remove) which is exercisable only with the consent or agreement of another person must be left out of account unless no other person has a right to appoint (or remove) in relation to that directorship.
(4)Nothing in this paragraph is to be read as restricting the effect of section 13(9).]
Textual Amendments
F1Sch. 8 para. 3A inserted (1.12.2001) by 2000 c. 8, ss. 334, 336, 338, Sch. 18 para. 14(3); S.I. 2001/3538, art. 2(1)