(1)The Regulator is to consist of such number of members (but not fewer than 3) as Ministers think fit.
(2)Each member—
(a)is to be appointed by Ministers from among those persons appearing to them to have knowledge and skills relevant to the functions of the Regulator,
(b)is to be appointed for such period as is specified in the appointment,
(c)may, by notice to Ministers, resign as a member,
(d)in other respects holds and vacates office on such terms and conditions as Ministers may determine, and
(e)after ceasing to hold office, may be reappointed as a member.
Commencement Information
I1S. 8 in force at 1.4.2011 by S.S.I. 2011/96, art. 2, Sch.