SCHEDULES

C1SCHEDULE 1The trustee corporation

Annotations:
Modifications etc. (not altering text)

Part 1Members and employees

Tenure of office

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).

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.