{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000/schedule-1ZA/paragraph-2A",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000/schedule-1ZA/paragraph-2A.json",
  "legislation": "ukpga/2000/8",
  "legislation_title": "Financial Services and Markets Act 2000",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000",
  "path": "schedule/1ZA/paragraph/2A",
  "kind": "paragraph",
  "number": "2A",
  "heading": null,
  "text": "(1) The term of office of a person appointed as chief executive under paragraph 2(2)(b) must not begin before—\n(a) the person has, in connection with the appointment, appeared before the Treasury Committee of the House of Commons, or\n(b) (if earlier) the end of the period of 3 months beginning with the day on which the appointment is made.\n(1A) Appointment as chief executive under paragraph 2(2)(b) is to be for a period of 5 years.\n(2) Sub-paragraphs (1) and (1A) do not apply if the person is appointed as chief executive on an acting basis, pending a further appointment being made.\n(3) The reference to the Treasury Committee of the House of Commons—\n(a) if the name of that Committee is changed, is a reference to that Committee by its new name, and\n(b) if the functions of that Committee (or substantially corresponding functions) become functions of a different Committee of the House of Commons, is to be treated as a reference to the Committee by which the functions are exercisable.\n(4) Any question arising under sub-paragraph (3) is to be determined by the Speaker of the House of Commons.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Schs. 1ZA, 1ZB substituted for Sch. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 3 (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch."
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sch. 1ZA para. 2A inserted (6.7.2016) by Bank of England and Financial Services Act 2016 (c. 14), ss. 18, 41(3); S.I. 2016/627, reg. 2(1)(m)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Sch. 1ZA para. 2A(1A) inserted (29.6.2021) by Financial Services Act 2021 (c. 22), ss. 42(2)(a), 49(2)(d)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 1ZA para. 2A(2) substituted (29.6.2021) by Financial Services Act 2021 (c. 22), ss. 42(2)(b), 49(2)(d)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "inserted",
      "affecting": "ukpga/2021/22",
      "affecting_title": "Financial Services Act 2021"
    },
    {
      "type": "inserted",
      "affecting": "ukpga/2021/22",
      "affecting_title": "Financial Services Act 2021"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/8/schedule/1ZA/paragraph/2A",
    "retrieved_at": "2026-10-29T09:21:21.899993+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."
}