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.
Commentary Museum of London Section 46: Period of appointment of Governors to the Board