153. Provisions as to assignment of office by directors

Please note that AI-generated content should not be considered legal advice. Users are encouraged to consult with qualified professionals or legal advisors where specific legal guidance is required.

We are committed to transparency and responsible use of AI in a way that supports, but never replaces, human expertise.

If you have any questions or concerns about the use of AI on our platform, please feel free to contact us.

Companies Act 2014 (No. 38)
Part 4 Corporate Governance (ss. 127-218)
Chapter 2 Directors and secretaries (ss. 128-153)
153. Provisions as to assignment of office by directors

Previous Next

Version status: In force | Document consolidation status: Updated to reflect all known changes

Version date: 1 June 2015 - onwards

Version 2 of 2

(1) This section applies to any provision of -

(a) the constitution of a company, or

(b) any agreement entered into between a company and any person,

under which a director of the company is enabled to assign his or her office as such to another person.

(2) Any assignment of office made in pursuance of a provision to which this section applies shall, notwithstanding anything to the contrary contained in the provision, be of no effect unless and until it is approved by a special resolution of the company.

Previous Next

Log in

Username

Password

Remember me

Request a trial

The best way to experience Better Regulation is to try it - free and without obligation.

Take a trial