Subject to this Schedule, the chairman and other members shall hold and vacate office as such in accordance with the terms of their respective appointments.
The terms of appointment of the chairman and other members shall be determined by the Secretary of State.
An appointment of a person to hold office as chairman or other member shall be for a term not exceeding five years.
A person holding office as chairman or other member—
may resign that office by giving notice in writing to the Secretary of State; and
may be removed from office by the Secretary of State on the ground of incapacity or misbehaviour.
A previous appointment as chairman or other member does not affect a person’s eligibility for appointment to either office.
The Authority shall pay to the chairman and other members such remuneration, and such travelling and other allowances, as may be determined by the Secretary of State.
The Authority shall, if required to do so by the Secretary of State—
pay such pension, allowances or gratuities as may be determined by the Secretary of State to or in respect of a person who is or has been the chairman or a member of the Authority; or
make such payments as may be so determined towards provision for the payment of a pension, allowances or gratuities to or in respect of such a person.
If, where any person ceases to hold office as chairman or other member, the Secretary of State determines that there are special circumstances which make it right that he should receive compensation, the Authority shall pay to him a sum by way of compensation of such amount as may be determined by the Secretary of State.