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17:44 Apr 21, 2008
English to French translations [PRO] Law (general)
English term or phrase:working director
Quelle est la signification dans un texte sur les statuts d'une société : "An alternate director shall be entitled to perform all the functions, rights, powers and duties of the director by whom he was appointed in his capacity as a director but not in his capacity as a manager or working director". administrateur en fonction ?
Explanation: Seems fairly clear to me.
Joe Bloggs, Finance Director, appoints Fred Smith as his alternate.
When Bloggs is taking his hard earned 5-week vacation in the Seychelles, Smith steps into his seat on the Board, where he takes part in Board discussion and does all the things Board members do. However, he plays no part in the day-to-day running of the various departments (Finance, Investments, Accounts, whatever) Bloggs oversees.
Marc Glinert Local time: 09:57 Native speaker of: English PRO pts in category: 8