SCHEDULES
SCHEDULE 1The Financial Services Authority
Part IGeneral
Arrangements for discharging functions
5
(1)
The Authority may make arrangements for any of its functions to be discharged by a committee, sub-committee, officer or member of staff of the Authority.
(2)
But in exercising its legislative functions, the Authority must act through its governing body.
(3)
Sub-paragraph (1) does not apply to the non-executive functions.