{
  "url": "https://openlegislation.uk/financial-services-act-1986-repealed/schedule-6/paragraph-1",
  "json_url": "https://openlegislation.uk/financial-services-act-1986-repealed/schedule-6/paragraph-1.json",
  "legislation": "ukpga/1986/60",
  "legislation_title": "Financial Services Act 1986 (repealed)",
  "legislation_url": "https://openlegislation.uk/financial-services-act-1986-repealed",
  "path": "schedule/6/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "(1) Subject to the following provisions of this paragraph, a person appointed to the panel mentioned in section 96(2) of this Act shall hold and vacate his office in accordance with the terms of his appointment and on ceasing to hold office shall be eligible for re-appointment.\n(2) A member of the panel appointed by the Lord Chancellor may resign his office by notice in writing to the Lord Chancellor; and a member of the panel appointed by the Secretary of State may resign his office by notice in writing to the Secretary of State.\n(3) A member of the panel appointed by the Lord Chancellor shall vacate his office on the day on which he attains the age of seventy years; but this sub-paragraph is subject to section 26(4) to (6) of the Judicial Pensions and Retirement Act 1993 (power to authorise continuance in office up to the age of seventy-five years).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 6 para. 1(1) inserted (31.3.1995) by 1993 c. 8, ss. 26, 31(2), Sch. 6 para.41 (with Sch. 7 paras. 2(2), 3(2), 4); S.I. 1995/631, art. 2"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sch. 6 para. 1(3) added (31.3.1995) by 1993 c. 8, ss. 26, 31(2), Sch. 6 para.41 (with Sch. 7 paras. 2(2), 3(2), 4); S.I. 1995/631, art. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1986/60/schedule/6/paragraph/1",
    "retrieved_at": "2026-10-29T09:53:57.234744+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}