| Guvnor

Status: In Force
Penalty ceiling: Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Director or Officer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Director or Officer — also bound by 429 other Acts

Insolvency (England and Wales) Rules 2016 162 duties

Companies Act 2006 126 duties

Insolvency Act 1986 77 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 68 duties

Building Societies Act 1986 32 duties

What it requires

Sections creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.003 Appointed day Regulated

Appoint an appointed day and publish notice in the GazetteDirector or Officer

97 other provisions — procedural and definitional

s.001 Short title

s.002 Interpretation

s.004 Repeals

s.005 Savings for incorporation of Company, existing policies, actions, etc

s.006 Existing directors, officers, etc., to continue in office

s.007 Name of Company

s.008 Head office, etc

s.009 No policy deemed to be effected until payment of premium

s.010 Policies to be liable for claims of Company against members

s.011 Execution of assignations, etc., of policies

s.012 Effect of assignation to Company of its own policies

s.013 Liability of members

s.014 Regulations of Company

s.015 Special resolution

s.016 Redemption of stock

s.017 Ranking of claims under policies in winding up

s.018 Surplus assets on winding up

s.019 Service of writs and notices on Company

s.020 Companies Clauses Acts not to apply

s.021 General Acts to apply

s.022 Qualification of member to vote

s.023 Representatives of corporations

s.024 Votes of incompetents

s.025 Proxies

s.026 Form of proxies

s.027 Deposit of proxies and authorities to vote

s.028 Authority conferred by proxies

s.029 Validity of proxies

s.030 Objections to voting

s.031 Number of votes

s.032 Management of Company vested in directors

s.033 Number of directors

s.034 Directors may act notwithstanding vacancy

s.035 Qualification of directors

s.036 Continuance in office of present directors

s.037 Vacation of office of director

s.038 Directors may contract with Company

s.039 General notice as to director’s interests

s.040 Disclosure of interest to officer of Company

s.041 Directors may hold other office except auditor

s.042 Directors may become members or directors of any company promoted, etc., by Company

s.043 Remuneration of directors

s.044 Additional remuneration and expenses

s.045 Retirement and election of directors

s.046 Election of directors

s.047 Eligibility for election

s.048 Co-option of directors

s.049 Committees

s.050 Chairman of committees

s.051 Proceedings of committees

s.052 Meetings of directors

s.053 Notice of meetings

s.054 Chairman and deputy chairman

s.055 Quorum

s.056 Voting

s.057 Resolution in writing

s.058 Validity of acts and proceedings

s.059 Local directors

s.060 Remuneration of local directors

s.061 Qualification of local directors

s.062 Meetings of local directors

s.063 Minutes

s.064 Chief executive, actuary and secretary

s.065 Professional advisers, employees, officers, agents, etc

s.066 Power of directors to delegate

s.067 Attorneys may be appointed by directors

s.068 Appointment of trustees or nominees

s.069 Power to borrow and give security

s.070 Common seal

s.071 Seal for use abroad

s.072 Canadian seal

s.073 Authentication of documents

s.074 Execution of deeds, etc

s.075 Formation and application of separate funds

s.076 Prospectuses for separate funds

s.077 Reserve funds

s.078 Actuarial valuation and report

s.079 Appropriation of surplus

s.080 Bonus distribution

s.081 Encashment of bonus

s.082 Bonus on claims between distributions

s.083 Directors may by arrangement limit, postpone, restrict or commute right of participation

s.084 Power to declare distributable surplus not to be delegated

s.085 Accounts to be kept

s.086 Books to be kept at head office or elsewhere

s.087 Members' right to inspect books

s.088 Annual accounts and balance sheet

s.089 Annual report of directors

s.090 Copies to be sent to members, etc

s.091 Qualification and duties of auditor

s.092 Audit of separate funds

s.093 Indemnity of officers, etc., of Company

s.094 Individual responsibility

s.095 Representative in bankruptcy, etc

s.096 Surrender, alteration, etc., of assurances

s.097 Service of notices by Company

s.098 Service of notices upon Company

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.

Standard Life Assurance Company Act 1991

Does it bind you?

Other Acts binding the same actors

What it requires