SCHEDULE 4The Competition and Markets Authority
PART 1General
Term of appointment
3
(1)
Appointment to membership of the CMA Board under paragraph 1(1)(b) is to be for a term of not more than five years.
(2)
Appointment to membership of the CMA panel under paragraph 1(1)(b) is to be for a term of not more than eight years.
F1(2A)
Appointment to membership of the OIM panel under paragraph 1(1)(b) is to be for a term of not more than eight years.
(3)
Appointment as the chair is to be for a term of not more than five years.
F2(4)
Where at the beginning of a person's term of appointment to membership of the CMA panel the person has already begun (and continues) to hold office as a member of the OIM panel, the term of the person's appointment to membership of the CMA panel is to be treated for the purposes of sub-paragraph (2) as beginning when the person's term of appointment to membership of the OIM panel began.
(5)
Where at the beginning of a person's term of appointment to membership of the OIM panel the person has already begun (and continues) to hold office as a member of the CMA panel, the term of the person's appointment to membership of the OIM panel is to be treated for the purposes of sub-paragraph (2A) as beginning when the person's term of appointment to membership of the CMA panel began.