Search Legislation

Pensions Act 2004

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Cross Heading: Tenure of members

 Help about opening options

Alternative versions:

Status:

Point in time view as at 01/03/2007.

Changes to legislation:

Pensions Act 2004, Cross Heading: Tenure of members is up to date with all changes known to be in force on or before 06 March 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. Help about Changes to Legislation

Tenure of membersU.K.

4(1)Subject to the following provisions, the chairman and any ordinary member—U.K.

(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.

(2)A person must cease to be a member of the Board where—

(a)in the case of the chairman, he ceases to hold that office or becomes a member of the staff of the Board;

(b)in the case of any other non-executive member, he becomes a member of the staff of the Board;

(c)in the case of an ordinary member who is an executive member, he ceases to be a member of the staff of the Board.

Commencement Information

I1Sch. 5 para. 4 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.

5U.K.Where a person ceases to be employed as Chief Executive, he ceases to be a member of the Board.

Commencement Information

I2Sch. 5 para. 5 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.

6U.K.No person is to be prevented from being a member of the Board (whether as chairman or otherwise) merely because he has previously been such a member.

Commencement Information

I3Sch. 5 para. 6 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.

Back to top

Options/Help