SCHEDULES

F1F1SCHEDULE 1

Annotations:

Appointment of directors

3

1

Appointments for the purposes of paragraph 1(c) are to be made by the Commission, with the approval of the Secretary of State.

2

Appointments for the purposes of paragraph 1(d) are to be made by the person appointed to chair the Commission, with the approval of the Secretary of State.

3

The power under sub-paragraph (1) may not be exercised if the result of exercising it would be to make the number of executive members of the Commission equal to or greater than the number of non-executive members of the Commission.

4

The power under sub-paragraph (2) must be exercised so as to secure, so far as practicable, that the Commission always has more non-executive members than executive members.