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