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11.—(1) On and after the first application date there shall be a Trust Body consisting of—
(a)those persons who are, at that date, loan stock holders;
(b)those persons who are former Management Trustees;
(c)those persons who were appointed under article 5(5) or 10(1) of this Order and who no longer hold such office and whose office was not terminated under article 7(1);
(d)one person nominated by each household;
(e)two persons nominated by Highland Council;
(f)two persons nominated by the Caithness Chamber of Commerce;
(g)three persons nominated by the Wick and Scrabster Fish Traders Association;
(h)three persons nominated by the Caithness Fish Salesmen Association;
(i)two persons nominated by the Scottish White Fish Producers Association;
(j)two persons nominated by the Caithness Static Gear Association;
(k)one person nominated by the operators of the Scrabster/Orkney Lifeline Ferry Service;
(l)one person nominated by the Pentland Firth Yacht Club;
(m)one person nominated by the Royal National Lifeboat Institute;
(n)one person nominated by the Royal National Mission to Deep Sea Fishermen; and
(o)two persons nominated by the Harbour Users Group.
(2) The persons referred to in sub-paragraph (1)(a) shall hold office for their lifetimes.
(3) The persons referred to in sub-paragraphs (1)(b) and (1)(c) shall hold office for 10 years.
(4) The persons referred to in sub-paragraphs (1)(d) to (1)(o) shall hold office for three years, whereupon they shall be eligible for reappointment.
(5) The Trust Body may vary its composition from time to time following the passing of a resolution to that effect by a 70% majority of those present and voting, and all other matters shall be decided by a simple majority.
(6) The acts and proceedings of the Trust Body, or any committee of the Trust Body, shall not be invalidated by any vacancy in their number, or by any defect in the appointment, or the qualification for appointment, of any person as a Trust Body member, of the Trust Body or committee.
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