C1Part 1The Pensions Regulator
The Determinations Panel
I19The Determinations Panel
1
The Regulator must establish and maintain a committee consisting of—
a
a chairman, and
b
at least six other persons,
(in this Part referred to as “the Determinations Panel”).
2
The Regulator must appoint as the chairman of the Panel the person nominated in accordance with paragraph 11 of Schedule 1 (nomination by a committee established by the chairman of the Regulator).
3
The chairman of the Panel must—
a
decide the number of persons to be appointed as the other members of the Panel, and
b
nominate a person suitable for each of those appointments.
4
The Regulator must then appoint as the other members of the Panel the persons nominated by the chairman of the Panel.
5
The following are ineligible for appointment as members of the Panel—
a
any member of the Regulator;
b
any member of the staff of the Regulator;
c
any member of the Board of the Pension Protection Fund;
d
any member of the staff of that Board.
6
The Panel may establish sub-committees consisting of members of the Panel.
7
Further provision about the Panel is made in Schedule 1, including provision as to the terms of appointment, tenure and remuneration of members and as to its procedure.
Pt. 1 applied in part (with modifications) (20.7.2005 for specified purposes, 1.9.2005 for specified purposes, 5.12.2005 for specified purposes) by The Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986), regs. 1(1), 4, Sch. 1 Pt. 1 (as amended (17.7.2008) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/1903), regs. 1, 5(2), 13; (10.7.2009) by The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 (S.I. 2009/1851), regs. 1, 5, 18; (2.4.2010) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2010 (S.I. 2010/1149), regs. 1, 5, 15)