14.—(1) On 3 January 2006, each President of an old Tribunal will be appointed to the post of President for the Valuation Tribunal for the area previously covered by their old Tribunal.
(2) Within three months beginning with a vacancy occurring in the office of the President, the members of that President’s Valuation Tribunal must in accordance with the following provisions of this regulation appoint a person to be President of that Valuation Tribunal.
(3) The person to be appointed must be a member of the Valuation Tribunal and will be determined by election by a simple majority of votes cast, each member having one vote.
(4) Where an election under paragraph (3) or (11) results in a tie, the person to be appointed from among the candidates with equal votes will be determined by lot.
(5) No election for the appointment of a President in pursuance of this regulation will be held before the expiry of two weeks beginning on the day on which notice of the election is issued in accordance with paragraph (6) by the Chief Executive. The validity of any election will not be effected by there being a vacancy amongst the members of the Valuation Tribunal.
(6) The notice required by paragraph (5) must be served on all persons who are members of the Valuation Tribunal and such a notice must be served on the date on which it is issued.
(7) Where at the expiry of the period specified in paragraph (2) no election has taken place in accordance with the foregoing provisions of this regulation, the National Assembly for Wales must, after consultation with such of the members of the Valuation Tribunal as it sees fit, appoint one of the Valuation Tribunal’s members to be President.
(8) The President appointed under this regulation will hold office until whichever of the following first occurs—
(a)the expiration of the interim period referred to in regulation 13(6);
(b)that President ceases to be a member of the Valuation Tribunal;
(c)notice of that President’s resignation under paragraph (9) takes effect;
(d)notice of termination under paragraph (10) takes effect.
(9) A President may resign office by giving not less than one month’s notice in writing to the National Assembly for Wales.
(10) The National Assembly for Wales may, after consultation with such of the members of the Valuation Tribunal as it sees fit, by giving notice in writing to the President terminate that President’s office as such.
(11) If the President is unable, through illness or absence or any other cause, to carry out the President’s functions under these regulations, then those functions will, with the authorisation in writing of the President or, if the President is unable to provide it, of the Chief Executive, be carried out by one of the Chairpersons of the Valuation Tribunal appointed for this purpose by the members of the Valuation Tribunal and elected by them by a simple majority of votes cast, each member having one vote.
(12) In this regulation—
“President of an old Tribunal” (“Llywydd hen Dribiwnlys”) means a President of an old Tribunal in post on 14 February 2006;
“Chief Executive” (“Prif Weithredwr”) means an interim Chief Executive appointed under regulation 18(1) or a Chief Executive appointed under regulation 18(3).