SCHEDULE 1 Registered social landlords: regulation
Part II Constitution, change of rules, amalgamation and dissolution
General power to remove director, trustee, &c.
4
(1)
The F1Relevant Authority may, in accordance with the following provisions, by order remove—
(a)
a director or trustee of a registered social landlord which is a registered charity,
(b)
a committee member of a registered social landlord which is an industrial and provident society, or
(c)
a director of a registered social landlord which is a company registered under the Companies Act 1985.
(2)
The F1Relevant Authority may make an order removing any such person if—
(a)
he has been adjudged bankrupt or has made an arrangement with his creditors;
(b)
he is subject to a disqualification order F2or disqualification undertaking under the M1Company Directors Disqualification Act 1986 F3or to a disqualification order under Part II of the companies (Northern Ireland) order 1989 F4or disqualification undertaking under the Companies Directors Disqualification (Northern Ireland) Order 2002;
(c)
he is subject to an order under section 429(2) of the M2Insolvency Act 1986 (failure to pay under county court administration order);
(d)
he is disqualified under section 72 of the M3Charities Act 1993 from being a charity trustee;
(e)
he is incapable of acting by reason of mental disorder;
(f)
he has not acted; or
(g)
he cannot be found or does not act and his absence or failure to act is impeding the proper management of the registered social landlord’s affairs.
(3)
Before making an order the F1Relevant Authority shall give at least 14 days’ notice of its intention to do so to the person whom it intends to remove, and to the registered social landlord.
(4)
That notice may be given by post, and if so given to the person whom the F1Relevant Authority intend to remove may be addressed to his last known address in the United Kingdom.
(5)
A person who is ordered to be removed under this paragraph may appeal against the order to the High Court.