Trade Act 2021

Terms of appointment and tenure of membersU.K.

3U.K.A person holds and vacates office as a member of the TRA in accordance with the terms and conditions of the person's appointment.

Commencement Information

I1Sch. 4 para. 3 in force at 1.6.2021 by S.I. 2021/550, reg. 3(c)

4U.K.The terms and conditions of a person's appointment as a non-executive member of the TRA are to be determined by the Secretary of State; but that is subject to the following provisions of this Schedule.

Commencement Information

I2Sch. 4 para. 4 in force at 1.6.2021 by S.I. 2021/550, reg. 3(c)

5U.K.The terms and conditions of a person's appointment as an executive member of the TRA are to be determined by the Chair with the approval of the Secretary of State; but that is subject to the following provisions of this Schedule.

Commencement Information

I3Sch. 4 para. 5 in force at 1.6.2021 by S.I. 2021/550, reg. 3(c)

6U.K.The terms and conditions of a person's appointment may cover, among other things—

(a)the period for which the person is to hold office;

(b)the person's eligibility for re-appointment;

(c)circumstances in which a person's membership may be suspended.

Commencement Information

I4Sch. 4 para. 6 in force at 1.6.2021 by S.I. 2021/550, reg. 3(c)

7U.K.A person may resign from office as a non-executive member of the TRA by notifying the Secretary of State.

Commencement Information

I5Sch. 4 para. 7 in force at 1.6.2021 by S.I. 2021/550, reg. 3(c)

8U.K.A person may resign from office as an executive member of the TRA by notifying the Chair.

Commencement Information

I6Sch. 4 para. 8 in force at 1.6.2021 by S.I. 2021/550, reg. 3(c)

9U.K.The Secretary of State may remove a person from office as a non-executive member of the TRA if, in the opinion of the Secretary of State, the person is unable or unfit to carry out the functions of the office.

Commencement Information

I7Sch. 4 para. 9 in force at 1.6.2021 by S.I. 2021/550, reg. 3(c)

10U.K.The Chair may remove a person from office as an executive member of the TRA if, in the opinion of the Chair, the person is unable or unfit to carry out the functions of the office.

Commencement Information

I8Sch. 4 para. 10 in force at 1.6.2021 by S.I. 2021/550, reg. 3(c)