# Policyholders Protection Act 1975 (repealed), Paragraph 3

Extent: E+W+S+N.I.

(1) The Treasury shall appoint one of the members of the Board to be the chairman of the Board.
(2) If the chairman ceases to be a member of the Board he shall cease to be the chairman.

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Source: https://www.legislation.gov.uk/ukpga/1975/75/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/policyholders-protection-act-1975-repealed/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.