SCHEDULES

I1F1SCHEDULE 17 Constitution of the agency

Annotations:
Commencement Information
I1

Sch. 17 wholly in force at 10.11.1993 see s. 188(2) and S.I. 1993/2762, art. 3

Amendments (Textual)
F1

By 1996 c. 52, s. 222, Sch. 18 Pt. IV para. 22(1)(f)(3); S.I. 1996/2402, art.3 (with savings in Sch.) it is provided (1.10.1996) that any requirement in Sch. 17 for the consent or approval of the Treasury shall cease to have effect.

Membership

1

1

The Agency shall consist of such number of members (being not less than six) as the Secretary of State may from time to time appoint.

2

The Secretary of State shall appoint one of the members to be chairman and may, if he thinks fit, appoint another of them to be deputy chairman.

3

Subject to the provisions of this paragraph, a member of the Agency shall hold and vacate office in accordance with the terms of his appointment.

4

A person who ceases to be a member of the Agency shall be eligible for re-appointment.

5

A member of the Agency may resign his office by notice in writing to the Secretary of State.

6

The Secretary of State may remove a member of the Agency from office if he is satisfied that he—

a

is unable or unfit to carry out the functions of a member;

b

has not complied with the terms of his appointment; or

c

has become bankrupt or made an arrangement with his creditors.

7

A person shall cease to be chairman or deputy chairman of the Agency—

a

if he resigns as such by notice in writing to the Secretary of State; or

b

if he ceases to be a member of the Agency.