SCHEDULES

SCHEDULE 1 U.K.The trustee corporation

Modifications etc. (not altering text)

C1 Sch. 1 modified (5.7.2010) by The Personal Accounts Delivery Authority Winding Up Order 2010 (S.I. 2010/911), art. 9

Part 1 U.K.Members and employees

Tenure of office U.K.

6 (1) A person holds and vacates office as a member or as chair in accordance with the terms of the appointment (subject to this Schedule). U.K.

(2) A person's appointment as a member or as chair must state the period for which the appointment is made.

(3) The period must not be more than five years.

(4) At the end of the period the person is eligible for re-appointment, but may not be re-appointed more than once.

(5) A person may resign as a member by notice in writing to the chair.

(6) A person may resign as chair by notice in writing to the Secretary of State.

(7) A person's appointment as chair ceases if the person ceases to be a member.