Paragraph 1

United Kingdom

(1)

The IPSA is to consist of the following members—

(a)

one member who is to chair it (“the chair”) appointed in accordance with paragraph 2, and

(b)

four other members (referred to in this Schedule as “ordinary members”) appointed in accordance with that paragraph.

(2)

At least one of the members of the IPSA must be a person who has held (but no longer holds) high judicial office (within the meaning of Part 3 of the Constitutional Reform Act 2005 (c. 4)).

F1(3)

At least one of the members of the IPSA must be a person who is eligible for appointment as a statutory auditor by virtue of Chapter 2 of Part 42 of the Companies Act 2006.

(4)

One of the members of the IPSA (“the Parliamentary member”) must be a person who has been (but is no longer) a member of the House of Commons.

(5)

Apart from the Parliamentary member, a person who has been a member of the House of Commons at any time within the last five years may not be a member of the IPSA.

Annotations

Textual amendments

F1: Sch. 1 para. 1(3) substituted (1.4.2012) by Budget Responsibility and National Audit Act 2011 (c. 4), s. 29, Sch. 5 para. 33; S.I. 2011/2576, art. 5