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(1)The traffic commissioners shall be appointed by the Secretary of State.
(2)Where the Secretary of State proposes to appoint a person to be one of the traffic commissioners he shall, before making the appointment, require the person whom he proposes to appoint to declare if he has any, and if so what, financial interest in any transport undertaking which carries passengers.
(3)Of the three traffic commissioners for any traffic area—
(a)one shall be such person as the Secretary of State thinks fit to appoint to be chairman of the commissioners;
(b)one shall be appointed by the Secretary of State from a panel of persons nominated by such of the following councils, namely in England and Wales county councils and the Greater London Council arid in Scotland regional or islands councils, as are councils whose area is wholly or partly comprised in the traffic area; and
(c)the third shall be appointed by the Secretary of State from a panel of persons nominated by such of the following councils, namely in England and Wales district councils, London borough councils and the Common Council of the City of London and in Scotland district councils, as are councils whose area is wholly or partly comprised in the traffic area.
(4)Provision shall be made by regulations as to the arrangements for constituting the panels mentioned in subsection (3) above.
(5)The chairman of the traffic commissioners shall hold office during Her Majesty's pleasure, and shall be required to devote the whole of his time to the duties of his office.
(6)The chairman of the traffic commissioners shall vacate his office on attaining the age of seventy.
(7)The provisions of Schedule 2 to this Act shall have effect with respect to the traffic commissioners.
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