85.3 The Council shall be entitled at any time and without notice to review, revoke or alter the delegation or the terms thereof;
85.4 The Council will be bound to review the arrangements for delegation at least once in every 12 months;
85.5 The Manager shall keep the Council informed on a regular basis of the performance of the investment portfolio managed by the Manager.
86 The Council may:
86.1 make such arrangements as they think fit for any investments of the Society or income from those investments to be held by a corporate body which is incorporated in England or Wales (or which has established a branch or a place of business in England and Wales) as the Council’s nominee; and
86.2 pay reasonable and proper remuneration to any corporate body acting as the Council’s nominee in pursuance of this Article.
INDEMNITY
87 Subject to the provisions of the Companies Act, every member of Council, or other officer or auditor of the Society, shall be indemnified out of the assets of the Society against any liability incurred by them in that capacity in defending any proceedings, whether civil or criminal, in which judgment is given in their favour or in which they are acquitted or in connection with any application in which relief is granted to them by the Court from liability for negligence, default, breach of duty or breach of trust in relation to the affairs of the Society.
DISSOLUTION
88 Clause 8 of the Memorandum of Association of the Society relating to the winding up and dissolution of the Society shall have effect as if its provisions were repeated in the Articles.
NOTICES
89 Any notice to be given to or by any person pursuant to the Articles (other than a notice calling a meeting of the Council or of any of its committees) shall be in writing or shall be given using electronic communications to an address for the time being notified for that purpose to the person giving the notice.
