SCHEDULES

SCHEDULE 1The Gas and Electricity Markets Authority

Terms of appointment, remuneration, pensions etc.

3

1

An appointment of a person to hold office as chairman or other member shall be for a term not exceeding five years.

2

A person holding office as chairman or other member—

a

may resign that office by giving notice in writing to the Secretary of State; and

b

may be removed from office by the Secretary of State on the ground of incapacity or misbehaviour.

3

A previous appointment as chairman or other member does not affect a person’s eligibility for appointment to either office.