# Fair Trading Act 1973, Paragraph 2

Extent: E+W+S+N.I.

(1) Subject to the following provisions of this paragraph, a regular member of the Commission shall hold and vacate office, as such in accordance with the terms of his appointment.
(2) A person shall not be appointed to be a regular member of the Commission for a term exceeding five years; but previous membership shall not affect eligibility for re-appointment.
(3) A regular member of the Commission may at any time resign his membership by notice in writing addressed to the Secretary of State.
(4) The Secretary of State may remove a regular member of the Commission on the ground of incapacity or misbehaviour.

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Source: https://www.legislation.gov.uk/ukpga/1973/41/schedule/3/paragraph/2 (the official version)
Page: https://openlegislation.uk/fair-trading-act-1973/schedule-3/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.