Paragraph 11

for paragraph 1 there were substituted—

“Appointment of members and tenure of office

1.

(1)

The members of a development corporation (in this Schedule referred to as “the corporation”) shall be appointed by the oversight authority and the authority must ensure it appoints a majority of independent members.

(2)

In appointing members, the oversight authority must have regard to the desirability of appointing one or more persons resident in or having special knowledge of the locality in which the new town will be situated.

(3)

In appointing a member, the oversight authority—

(a)

must have regard to the desirability of appointing a person who has experience of, and has shown some capacity in, a matter relevant to the carrying-out of the development corporation’s functions, and

(b)

must be satisfied that the person will have no financial or other interest likely to affect prejudicially the exercise of the person’s functions as member.

(4)

The oversight authority—

(a)

shall request nominations for members from each local authority which appear to the oversight authority to be concerned with the development of the new town (including any local authority which is, or forms part of, the oversight authority), and

(b)

must appoint at least one member of the corporation from each relevant authority.

(5)

The oversight authority must appoint two of the independent members to be chairman and deputy chairman of the corporation.

(6)

On ceasing to be an elected member of a local authority a local authority nominated member also ceases to be a member of the corporation.

(7)

In this paragraph—

• “independent member” means any person who is appointed to be a member of the corporation who is not a local authority nominated member;

• “local authority nominated member” means an elected member of a local authority who is appointed to be a member of the corporation following a nomination by a local authority under sub-paragraph (4); and

• “relevant authority” means a local authority where any part of the designated area of the new town is within the authority’s area.”.

for paragraphs 7 to 9 there were substituted—

“Remuneration

7.

The corporation shall pay to their members, in respect of their office as such, such remuneration and such reasonable allowances in respect of expenses properly incurred in the performance of their duties as may be determined by the oversight authority, and shall pay to the chairman and deputy chairman, in respect of their office as such, such additional remuneration as may be so determined.

Pension benefits for chairmen

8.

In the case of any person who is or has been the chairman of the corporation, the oversight authority may direct the corporation—

(a)

to pay to or in respect of that person on retirement from office or death such pension, allowance or gratuity as may be so determined; or

(b)

to make payments towards the provision of such a pension, allowance or gratuity.”.