(1) The High Court (in this Part referred to as "the court") may, on application to it by the Board by petition, make an order -
(a) for the removal of a trustee of a scheme or trust RAC and the appointment of a new trustee, and
(b) that a trustee so removed shall not act as a trustee of a scheme or trust RAC for such period as the Court may order.
(2) The Court may make an order under subsection (1) in relation to the trustees of a scheme or trust RAC, if it considers -
(a) that any of the trustees have failed to carry out any of the duties imposed on them by law (including this Act), or
(b) that the scheme or trust RAC is being or has been administered in such a manner as to jeopardise the rights and interests thereunder of the members of the scheme or trust RAC.
(a) A petition under this section shall be served only on the existing trustees unless the court directs otherwise.
(b) Upon the hearing of a petition under this section, the Board, the existing trustees of the scheme
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