SCHEDULES
F1SCHEDULE 5
Membership
3
1
The appointed members shall hold and vacate office in accordance with the terms of their appointment, subject to the following provisions.
2
A member may resign his membership by notice in writing addressed to the Secretary of State.
3
The Secretary of State may remove a member from office if he is satisfied that—
a
he has been adjudged bankrupt or made an arrangement with his creditors;
b
he has been absent from meetings of the Corporation for a period longer than three consecutive months without the permission of the Corporation; or
c
he is otherwise unable or unfit to discharge the functions of a member, or is unsuitable to continue as a member.
4
The Secretary of State shall satisfy himself from time to time with respect to every appointed member that he has no financial or other interest likely to affect prejudicially the exercise of his functions as a member; and he may require an appointed member to give him such information as he considers necessary for that purpose.
Sch. 5 repealed (1.11.1998) by 1998 c. 38, ss. 140, 152, Sch. 16 para. 73, Sch. 18 Pt. VI (with ss. 137(1), 139(2), 141(1), 143(2)); S.I. 1998/2244, art. 5