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