Chairing of directors’ meetingsU.K.
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Memorandwm Esboniadol
12.—(1) The directors may appoint a director to chair their meetings.
(2) The person so appointed for the time being is known as the chairman.
(3) The directors may terminate the chairman’s appointment at any time.
(4) If the chairman is not participating in a directors’ meeting within ten minutes of the time at which it was to start, the participating directors must appoint one of themselves to chair it.
Commencement Information
I1Sch. 1 art. 12 in force at 1.10.2009, see reg. 1