SCHEDULE 1MODEL ARTICLES FOR PRIVATE COMPANIES LIMITED BY SHARES
PART 2DIRECTORS
DECISION-MAKING BY DIRECTORS
Chairing of directors’ meetingsI112
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.