Textual Amendments
F1By 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.
Commencement Information
I1Sch. 17 wholly in force at 10.11.1993 see s. 188(2) and S.I. 1993/2762, art. 3
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.E+W
(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.