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The more complex the development, the greater the chance of a complex structure of leases. Anyone managing a property should understand fully how each component in the structure interrelates with the others; otherwise their own duties will not be clear. A newly appointed manager should make understanding the lease structure at a development a priority.

This guidance note covers the key issues in appointing directors of UK companies. It deals with the formal appointment procedure, including the required numbers of directors, eligibility for office, who may appoint directors, the validity of their acts where the appointment is defective, enforcement of the right to act as a director and the publication of appointments. This guidance note also covers termination of directors’ appointments, including by resignation, vacation of office under the articles or by operation of law, and removal by ordinary resolution under section 168 of the Companies Act 2006.