Examples of SCIO in a sentence
The Trustees will elect a Trustee to be Chairman of the Trustees and of the SCIO, and such other office bearers (if any) as they consider appropriate.
At least one Trustee must be resident in Scotland.Appointment of Trustees14.1 The first Trustees of the SCIO shall be the individuals who apply to OSCR for registration of the SCIO (the “First Trustees”).
All acts done by any resolution of the Trustees or any person acting as a Trustee shall, as regards all persons dealing in good faith and for value with the SCIO, be as valid as if every such person had been duly appointed, was qualified and hadcontinued to be a Trustee and entitled to vote, notwithstanding any defect in theappointment or continuance in office of any Trustee or person acting as such or thatsuch person had vacated office or was not entitled to vote.
The principal office of the SCIO is and will remain in Scotland.Purposes3.
Audit53.4 Subject to this Clause, no other person shall have any right to inspect anyaccounting records of the SCIO except as conferred by statute, ordered by a court of competent jurisdiction or authorised by the Trustees.54.1 Auditors (as defined in Clause 1.2) shall be appointed and their duties regulated in accordance with the provisions of the 2005 Act.
A notice of proxy must be delivered to the place specified in the notice of the meeting for the delivery of proxy notices, or, if no place is so specified, to the principal office of the SCIO, not less than 24 hours before the time for which the meeting, adjourned meeting, or secret ballot is scheduled (or, in the case of a secret ballot held within 24 hours of being requested, must be delivered at the time at which the ballot was requested) and in default shall not be treated as valid.
If it is desired that a Secretary be appointed, any Trustee or any other person shall be soappointed for such term, at such remuneration and upon such conditions as the Trustees think fit, and where any notice is required under the Constitution to be served on or by the Trustees or the SCIO, it may be served on or by the Secretary.Removal21.
Membership of the SCIO shall consist of only the Trustees of the SCIO, andall persons appointed as Trustees in accordance with the Constitution shall be Members of the SCIO.Appointment of Members8.
A charity trustee must not vote at a board meeting (or at a meeting of a sub- committee) on any resolution which relates to a matter in which he/she has a personal interest or duty which conflicts (or may conflict) with the interests of the SCIO; he/she must withdraw from the meeting while an item of that nature is being dealt with.
There is no requirement to give notice of a meeting to any individual who is for the time being absent from the United Kingdom or whose address in terms ofClause 33.2 is outwith the United Kingdom, unless he has supplied the SCIO with either an address for service within the United Kingdom or an email address.