SCHEDULES
F1SCHEDULE 26 Urban Development Corporations
Members
1
An urban development corporation (in this Schedule referred to as a “corporation") shall consist of a chairman, a deputy chairman and such number of other members (not less than five but not exceeding 11) as the Secretary of State may by order under section 135 above prescribe.
2
1
The members of a corporation shall be appointed by the Secretary of State.
2
In appointing members of the corporation the Secretary of State shall have regard to the desirability of securing the services of people having special knowledge of the locality in which the urban development area is or will be situated.
3
In relation to the possible appointment of people falling within sub-paragraph (2) above, the Secretary of State shall consult such local authorities as appear to him to be concerned with the regeneration of the urban development area.
4
The Secretary of State shall appoint two of the members to be respectively chairman and deputy chairman of the corporation.
3
Subject to the following provisions of this Schedule, a member of the corporation, and the chairman and deputy chairman of the corporation, shall hold and vacate office as such in accordance with the terms of the instrument by which they are respectively appointed.
4
If the chairman or deputy chairman ceases to be a member of the corporation, he shall also cease to be chairman or deputy chairman, as the case may be.
5
Any member of the corporation may, by notice in writing addressed to the Secretary of State, resign his membership; and the chairman or deputy chairman may, by the like notice, resign his office as such.
6
If the Secretary of State is satisfied that a member of the corporation (including the chairman or deputy chairman)—
a
has become bankrupt or made an arrangement with his creditors (or in Scotland has had his estate sequestrated or has made a trust deed for the behoof of his creditors or a composition contract), or
b
is incapacitated by physical or mental illness, or
c
has been absent from meetings of the corporation for a period longer than 3 consecutive months without the permission of the corporation, or
d
is otherwise unable or unfit to discharge the functions of a member, or is unsuitable to continue as a member,
the Secretary of State may remove him from his office.
7
A member of the corporation who ceases to be a member or ceases to be chairman or deputy chairman shall be eligible for reappointment.
Sch. 26 shall cease to have effect (E.W.) (1.10.1996) by virtue of 1996 c. 52, s. 222, Sch. 18 Pt. IV para. 22(1)(b)(3); S.I. 1996/2402, art. 3, Sch.