20
CurrentDelegation
Part 3Management of Trust
20 Delegation
(1)
The board of management may delegate a function or power of the board—
(a)
to a director; or
(b)
to another person (including the person for the time being holding or occupying a particular position) or body.
(2)
A delegation under this section—
(a)
must be made by instrument in writing; and
(b)
may be absolute or conditional; and
(c)
does not derogate from the ability of the board to act in any matter; and
(d)
is revocable at will.
(3)
A function or power delegated under this section may, if the instrument of delegation so provides, be further delegated.
This Act’s bill:Second reading speech
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