Article 2 Constitution of Council

Substitute for paragraph 1 of the Schedule to the Insurance Brokers (Registration) Act 1977 the following paragraph:—

“1

The Council shall consist of—

(a)

six persons chosen to represent registered insurance brokers of whom one shall be Chairman of the Council;

(b)

four persons nominated by the Treasury of whom one shall be a barrister, advocate or solicitor; and as regards two of the others, the Treasury, in making the nominations shall give due consideration that it would be desirable that one member of the Council should be a member of a recognised body of accountants and one a person appearing to the Treasury to represent the interests of persons who are or may become policyholders of insurance companies.”