OpenLegislation

Paragraph 1 F1

United Kingdom

The Council shall consist of—

(a)

six persons chosen to represent registered insurance brokers of whom one shall be Chairman of the Council;

(b)

four persons nominated by the Treasury of whom one shall be a barrister, advocate or solicitor; and as regards two of the others, the Treasury, in making the nominations shall give due consideration that it would be desirable that one member of the Council should be a member of a recognised body of accountants and one a person appearing to the Treasury to represent the interests of persons who are or may become policyholders of insurance companies.

Annotations

Textual amendments

F1

Sch. 1 para. 1 substituted (8.11.1999) by S.I. 1999/3000, art. 2

Notes on the whole Act

Textual amendments

F1

Act repealed (30.4.2001) by 2000 c. 8, ss. 416(1)(c), 432(3), Sch. 22; S.I. 2001/1282, art. 2