Modifications etc. (not altering text)
C1Pt. 17 Ch. 1 modified (31.7.1997) by Finance (No. 2) Act 1997 (c. 58), s. 35(5)
[F1(1)]M1For the purposes of this Chapter the tribunal shall consist of—
(a)a chairman, appointed by the Lord Chancellor, and
(b)two or more persons appointed by the Lord Chancellor as having special knowledge of and experience in financial or commercial matters.
[F2(2)A person appointed as chairman or other member of the tribunal shall vacate his office on the day on which he attains the age of 70; but this subsection is subject to section 26(4) to (6) of the Judicial Pensions and Retirement Act 1993 (power to authorise continuance in office up to the age of 75).]
Textual Amendments
F1S. 706 renumbered as s. 706(1) (31.3.1995) by Judicial Pensions and Retirement Act 1993 (c. 8), ss. 26, 31(2), Sch. 6 para.44 (with Sch. 7 paras. 2(2), 3(2), 4); S.I. 1995/631, art. 2
F2S. 706(2) added (31.3.1995) by Judicial Pensions and Retirement Act 1993 (c. 8), ss. 26, 31(2), Sch. 6 para.44 (with Sch. 7 paras. 2(2), 3(2), 4); S.I. 1995/631, art. 2
Modifications etc. (not altering text)
C2 See—1970(M) s.6(1)—declaration to be made by member of tribunal on appointment.1989 s.182—disclosure of information (in Part II Vol.5).
Marginal Citations
M1Source—1970 s.463; 1982 Sch.21 3(1)