Article 18 - Enforcer
(1) A Foundation must have an Enforcer.
(2) The Constitution must set out —
(A) the name and address of the Enforcer for the time being;
(B) provisions for the appointment of the Enforcer;
(C) how an Enforcer may retire;
(D) how a new Enforcer is to be appointed; and
(E) whether the Enforcer is to be remunerated.
(3) Apart from the Registered Representative, a person may not be both a Member of a Foundation's Council and its Enforcer.
(4) The Enforcer must —
(A) be appointed in accordance with the Constitution;
(B) carry out the functions set out in the Constitution; and
(C) take reasonable steps to ensure that the Council of the Foundation carries out its functions and acts in the best interests of the Foundation.
|Derived (as from 22nd September 2016).|