Commentary Museum of London Section 46: Period of appointment of Governors to the Board
116.Subsection (1) amends paragraph 2(1) of the Schedule to the 1965 Act. Currently, Governors may be appointed for a term of three years. The subsection amends this to a term of `not more than four years’.
117.Subsection (2) gives this amendment retrospective force. This ensures that any appointment in the past of a Governor for a period of more than three years but not more than four years will be treated as having complied with the provisions of the 1965 Act.