SCHEDULES
SCHEDULE 2 Further Provisions with respect to the Constitution and Proceedings of Associated British Ports and Related Matters
Executive directors
7
1
The directors may appoint one or more of their number as executive directors.
2
Such an appointment shall be for such period and on such terms as the directors think fit, but shall determine automatically if the person appointed ceases to be a director.
3
The directors may delegate any of their powers to an executive director on such terms and subject to such restrictions as they think fit.
4
An appointment as executive director may be revoked at any time by the directors, but without prejudice to any claim for damages for breach of contract.