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Pensions Act 2004
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- UK Public General Acts
- 2004 c. 35
- SCHEDULE 5
- Part 1
- Tenure of members
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Changes over time for: Cross Heading: Tenure of members
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Pensions Act 2004, Cross Heading: Tenure of members is up to date with all changes known to be in force on or before 03 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.
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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.
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