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4.—(1) There shall be one panel for the Greater London area and any justice who is a member of a family panel in any petty sessions area in the Greater London area on the 31st December 2003 shall be a member of the first panel.
(2) The panel shall thereafter be formed of justices who are nominated from time to time by the Lord Chancellor in accordance with these Rules.
(3) The justices who form the first panel constituted under paragraph (1) shall serve for a term commencing on 1st January 2004 and expiring on 31st December 2005 and succeeding justices shall, subject to paragraph (4), serve for a term of three years commencing on 1st January in the year following the expiry of the term of previous justices.
(4) The number of justices who are nominated under paragraph (2) shall be such as the Lord Chancellor thinks sufficient for family proceedings courts in the Greater London area and he may, at any time, subject to rule 5, nominate one or more additional justices to the panel who shall serve thereon for a term commencing on a date determined by the Lord Chancellor and ending at the end of the period for which the other justices to the panel were nominated.