136 Cessation of nomination of Reserve directors

(1) The nomination of a person as a reserve director of the company ceases
to have effect if —
Reserve directors

(a) before the death of the sole member/director who nominated him
—

(i) the person resigns as reserve director; or

(ii) the sole member/director revokes the nomination in
writing; or

(b) the sole member/director who nominated him ceases to be the
sole member/director of the company for any reason other than
his death.

(2) Subject to subsection (1), on the death of the sole member/director who
nominated him, a reserve director shall become a director of the company
for all purposes under this Act including with respect to the obligations
and liabilities of a director.