Proposed amendments to the Articles of Association for Rosherville Limited
The amendments suggested to the Cabinet be approved as follows:
· Article 3 (1) be updated to reflect that Rosherville Limited will continue to have five Directors but for subsidiary companies, there will be a requirement to have three Directors.
· Article 11 (2) be updated to reflect that the quorate for Rosherville Limited will continue to be three Directors, including one officer Director, and for the subsidiary companies, the quorate will be two office Directors.
It was also agreed that the Leader of the Executive in consultation with the Chief Executive, be given delegated authority for the appointment and approval of Directors
Decision type: Non-key - Low
Decision status: Recommendations Approved