Paragraph 9 I1

The single financial guidance body may—

A committee may consist of or include persons who are neither members nor employees of the single financial guidance body.

But a committee that discharges any functions of the single financial guidance body, by virtue of sub-paragraph (1)(a) or paragraph 10, must include at least one person who is either a member or an employee of the single financial guidance body.

Where a person who is neither a member nor an employee of the single financial guidance body is a member of a committee, the body may pay to that person such remuneration and expenses as it may determine.

A committee may establish a sub-committee.

A sub-committee must include at least one person who is a member of the committee that established it.

A sub-committee that discharges any functions of the single financial guidance body must include at least one person who is either a member or an employee of the single financial guidance body.