SCHEDULES

C1SCHEDULE 1The trustee corporation

Annotations:
Modifications etc. (not altering text)

Part 2Proceedings etc

Committees and advisory committees

9

1

The trustee corporation may—

a

establish a committee for the purpose of discharging any of its functions;

b

establish a committee for the purpose of giving the corporation advice about matters relating to the discharge of its functions.

2

A committee may include persons (including persons constituting a majority, but not the whole, of the committee) who are neither members nor employees of the trustee corporation.

3

Where a person who is neither a member nor an employee of the trustee corporation is a member of a committee, the trustee corporation may pay to that person such remuneration and expenses as it may determine.

10

1

A committee of the trustee corporation may establish a sub-committee.

2

Every member of a sub-committee must be a member of the committee which established it.