No Governor may Sample Clauses
The "No Governor may" clause sets explicit restrictions on the actions or powers of individuals serving as Governors within an organization or governing body. Typically, this clause lists specific activities or decisions that Governors are prohibited from undertaking, such as entering into certain contracts, making unilateral decisions, or acting outside the scope of their authority. By clearly delineating these boundaries, the clause helps prevent misuse of power, ensures compliance with organizational rules, and protects the entity from unauthorized actions by its Governors.
No Governor may. 12.1. buy any goods or services from the Academy Trust;
12.2. sell goods, services, or any interest in land to the Academy Trust;
12.3. be employed by or receive any remuneration from the Academy Trust (other than the Principal whose employment and/or remuneration is subject to the procedure and conditions in Article 14)
12.4. receive any other financial benefit from the Academy Trust; unless:
12.4.1. the payment is permitted by Article 13 and the Governors follow the procedure and observe the conditions set out in Article 14; or
12.4.2. the Governors obtain the prior written approval of the Charity Commission and fully comply with any procedures it prescribes.
No Governor may. 1. ( a) buy any goods or services from the Academy Trust;
No Governor may. (a) buy any goods or services from the Academy Trust;
(b) sell goods, services, or any interest in land to the Academy Trust;
(c) subject to the provisions of Articles 6.7 and 6.8, be employed by or receive any remuneration from the Academy Trust (other than the Principal, Staff Governors and any other Governor who is an employee of the Academy Trust whose employment and/or remuneration is subject to the procedure and conditions in Article 6.8)
(d) receive any other financial benefit from the Academy Trust; unless:
(i) the payment is permitted by Article 6.7 and the Governors follow the procedure and observe the conditions set out in Article 6.8; or
(ii) the Governors obtain the prior written approval of the Charity Commission and fully comply with any procedures it prescribes.
No Governor may. (a) buy any goods or services from the Trust;
(b) sell goods, services, or any interest in land to the Trust;
(c) be employed by, or receive any remuneration from the Trust;
(d) receive any other financial benefit from the Trust; unless:
(i) the payment is permitted by sub-clause (4) of this clause and the Governors follow the procedure and observe the conditions set out in sub- clause (5) of this clause; or
(ii) the Governors obtain the prior written approval of the Commission and fully comply with any procedures it prescribes.
(a) A Governor may receive a benefit from the Trust in the capacity of a beneficiary of the Trust.
(b) A Governor may be employed by the Trust or enter into a contract for the supply of goods or services to the Trust, other than for acting as a Governor.
(c) A Governor may receive interest on money lent to the Trust at a reasonable and proper rate not exceeding 2% per annum below the base rate of a clearing bank to be selected by the Governors.
(d) A company of which a Governor is a member may receive fees remuneration or other benefit in money or money’s worth provided that the shares of the company are listed on a recognised stock exchange and the Governor holds no more than 1% of the issued capital of that company.
(e) A Governor may receive rent for premises let by the Governor to the Trust if the amount of the rent and the other terms of the lease are reasonable and proper.
(a) The Trust and its Governors may only rely upon the authority provided by sub- clause 5(4) if each of the following conditions is satisfied:
(i) The remuneration or other sums paid to the Governor do not exceed an amount that is reasonable in all the circumstances.
(ii) The Governor is absent from the part of any meeting at which there is discussion of: • his or her employment or remuneration, or any matter concerning the contract; or • his or her performance in the employment, or his or her performance of the contract; or • any proposal to enter into any other contract or arrangement with him or her or to confer any benefit upon him or her that would be permitted under sub-clause 5(4); or • any other matter relating to a payment or the conferring of any benefit permitted by sub-clause 5(4).
(iii) The Governor does not vote on any such matter and is not to be counted when calculating whether a quorum of Governors is present at the meeting.
(iv) The other Governors are satisfied that it is in the interests of the Trust to employ or to contract with that G...
No Governor may buy any goods or services from the Trust;
No Governor may. (a) buy any goods or services from the Academy Trust;
(b) sell goods, services, or any interest in land to the Academy Trust;
(c) be employed by or receive any remuneration from the Academy Trust (other than the Principal or a Staff Governor whose employment and/or remuneration is subject to the procedure and conditions in Article 6.8)
(d) receive any other financial benefit from the Academy Trust; unless:
(i) the payment is permitted by Article 6.7 and the Governors follow the procedure and observe the conditions set out in Article 6.8; or
(ii) the Governors obtain the prior written approval of the Charity Commission and fully comply with any procedures it prescribes.