The Companies (Model Articles) Regulations 2008 No. 3229

SCHEDULE 3 U.K. MODEL ARTICLES FOR PUBLIC COMPANIES

PART 2 U.K. DIRECTORS

DECISION-MAKING BY DIRECTORS U.K.

Chairing 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 appoint other directors as deputy or assistant chairmen to chair directors’ meetings in the chairman’s absence.

(4) The directors may terminate the appointment of the chairman, deputy or assistant chairman at any time.

(5) If neither the chairman nor any director appointed generally to chair directors’ meetings in the chairman’s absence is participating in a 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. 3 art. 12 in force at 1.10.2009, see reg. 1