SCHEDULES

F1SCHEDULE 26 Urban Development Corporations

Annotations:
Amendments (Textual)
F1

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.

Members

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.