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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 195

Provisions as to assignment of office by directors.

195. If in the case of any company provision is made by the articles or by any
agreement entered into between any person and the company for empowering a
director of the company to assign his office as such to another person, any
assignment of office made in pursuance of the said provision shall,
notwithstanding anything to the contrary contained in the said provision, be
of no effect unless and until it is approved by a special resolution of
the company.

Provisions as to liability of officers and auditors.



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© 1960 Crown Copyright

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