Commentary

81 Regular retirement of elected directors

BUILDING SOCIETIES vol 6(1)
| Commentary

81 Regular retirement of elected directors

| Commentary

81 Regular retirement of elected directors

An elected director of a building society must retire from office at the third annual general meeting after the date of his election1 but, when he attains the normal or compulsory retirement age2, he must retire at the next annual general meeting3 and, if he has already attained the normal retirement age4 when last elected, he must retire at the next annual general meeting5.

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