SCHEDULES

C1SCHEDULE 5The Board of the Pension Protection Fund

Annotations:
Modifications etc. (not altering text)

Part 5Status and liability etc

Validity

I125

The validity of any proceedings of the Board (including any proceedings of any of its committees or sub-committees) is not to be affected by—

a

any vacancy among the members of the Board or of any of its committees or sub-committees,

b

any defect in the appointment of any member of the Board or of any of its committees or sub-committees, or

c

any defect in the appointment of the Chief Executive.