SCHEDULES

SCHEDULE 4The Competition and Markets Authority

PART 1General

Chief executive and other staff

I19

1

The CMA is to have a chief executive appointed by the Secretary of State (the “chief executive”).

2

The chief executive may also be a member of the CMA, but must not be—

a

the chair, F1...

b

a member of the CMA panel F2, or

c

a member of the OIM panel.

3

Before appointing the chief executive, the Secretary of State must consult the chair.

4

The appointment—

a

is to be for a term of not more than five years;

b

subject to that, is to be on such terms and conditions as the Secretary of State considers fit.

5

The chief executive holds that office as a member of the staff of the CMA.

6

A previous appointment as chief executive does not affect a person's eligibility for re-appointment.