SCHEDULES

SCHEDULE 8Monitor

9Committees

1

Monitor may appoint such committees and sub-committees as it considers appropriate.

2

A committee or sub-committee may consist of or include persons who are not members or employees of Monitor.

3

Monitor may pay such remuneration and allowances as it determines to any person who—

a

is a member of a committee or sub-committee, but

b

is not an employee of Monitor,

whether or not that person is a non-executive member of Monitor.