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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.