SCHEDULES

F1SCHEDULE 26 Urban Development Corporations

Annotations:
Amendments (Textual)
F1

Sch. 26 shall cease to have effect for specified purposes (E.W.) (1.10.1996) by virtue of 1996 c. 52, s. 222, Sch. 18 Pt. IV para. 22(1)(b)(3); S.I. 1996/2402, art. 3, Sch.

Members

6

If the Secretary of State is satisfied that a member of the corporation (including the chairman or deputy chairman)—

a

has become bankrupt or F2has had a debt relief order (under Part 7A of the Insolvency Act 1986) made in respect of him or has made an arrangement with his creditors (or in Scotland has had his estate sequestrated or has made a trust deed for the behoof of his creditors or a composition contract), or

b

is incapacitated by physical or mental illness, or

c

has been absent from meetings of the corporation for a period longer than 3 consecutive months without the permission of the corporation, or

d

is otherwise unable or unfit to discharge the functions of a member, or is unsuitable to continue as a member,

the Secretary of State may remove him from his office.