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Pensions Act 2004
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- UK Public General Acts
- 2004 c. 35
- SCHEDULE 1
- Part 1
- Terms of appointment and...
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Changes over time for: Cross Heading: Terms of appointment and tenure of members
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- 17/12/2004- Amendment
- 11/02/2021
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Pensions Act 2004, Cross Heading: Terms of appointment and tenure of members is up to date with all changes known to be in force on or before 13 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Terms of appointment and tenure of membersU.K.
1(1)The members of the Regulator appointed by the Secretary of State under section 2(1)(a) or (c) are to be appointed on such terms and conditions as are determined by the Secretary of State.U.K.
(2)Subject to sub-paragraph (3), such a member—
(a)is to hold and vacate office in accordance with the terms and conditions of his appointment, and
(b)may resign or be removed from office in accordance with those terms and conditions.
(3)A person must cease to be a member of the Regulator where—
(a)in the case of the chairman, he ceases to hold that office or becomes a member of the staff of the Regulator;
(b)in the case of any other non-executive member, he becomes a member of the staff of the Regulator;
(c)in the case of an executive member appointed under section 2(1)(c), he ceases to be a member of the staff of the Regulator.
Commencement Information
I1Sch. 1 para. 1 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.
2U.K.Where a person ceases to be employed as Chief Executive, he ceases to be a member of the Regulator.
Commencement Information
I2Sch. 1 para. 2 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.
3U.K.No person is to be prevented from being a member of the Regulator (whether as chairman or otherwise) merely because he has previously been such a member.
Commencement Information
I3Sch. 1 para. 3 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.
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