SCHEDULES

SCHEDULE 1 U.K. The Gas and Electricity Markets Authority

Terms of appointment, remuneration, pensions etc. E+W+S

2 (1) 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. E+W+S

(2) The terms of appointment of the chairman and other members shall be determined by the Secretary of State.