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Insurance Acquisitions and Takeovers Act 1991
16Power to appoint director
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16 Power to appoint director
(1) A reference in this Act to a power to appoint a director includes a reference to such a power whether exercisable with or without the consent or concurrence of any other person. (2) For the purposes of this Act, a person is taken to have the power to appoint a director if: (a) the person has the power (whether exercisable with or without the consent or concurrence of any other person) to veto such an appointment; or (b) a person’s appointment as a director of the company follows necessarily from that person being a director or other officer of the first‑mentioned person.