The Companies (Model Articles) Regulations 2008 No. 3229

SCHEDULE 1 U.K. MODEL ARTICLES FOR PRIVATE COMPANIES LIMITED BY SHARES

PART 2 U.K. DIRECTORS

DECISION-MAKING BY DIRECTORS U.K.

Chairing of directors’ meetings U.K.

12.—(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.

Commencement Information

I1 Sch. 1 art. 12 in force at 1.10.2009, see reg. 1