Paragraph 11 I1

(1)

On each occasion when the Regulator is required to appoint a person as chairman of the Determinations Panel, the chairman of the Regulator must establish a committee (in this Schedule referred to as “the appointments committee”).

(2)

The appointments committee must consist of—

(a)

a chairman appointed by the chairman of the Regulator from the non-executive members of the Regulator, and

(b)

one or more persons appointed by the chairman of the Regulator.

(3)

At least one of the persons appointed under sub-paragraph (2)(b) must be a person who is not a member of the Regulator.

(4)

But a person appointed under sub-paragraph (2)(b) must not be a person who is a member of the staff of the Regulator.

(5)

The committee must nominate a person suitable for appointment as chairman of the Panel.

Annotations

Commencement

I1: Sch. 1 para. 11 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.