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Paragraph 9

(1)

The trustee corporation may—

(a)

establish a committee for the purpose of discharging any of its functions;

(b)

establish a committee for the purpose of giving the corporation advice about matters relating to the discharge of its functions.

(2)

A committee may include persons (including persons constituting a majority, but not the whole, of the committee) who are neither members nor employees of the trustee corporation.

(3)

Where a person who is neither a member nor an employee of the trustee corporation is a member of a committee, the trustee corporation may pay to that person such remuneration and expenses as it may determine.

Notes on Schedule 1

Modifications

C1

Sch. 1 modified (5.7.2010) by The Personal Accounts Delivery Authority Winding Up Order 2010 (S.I. 2010/911), art. 9