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(a)must appoint one of the Regulator's members to chair meetings of the Regulator, and
(b)may appoint another of the Regulator's members to act as deputy to that member.
(2)A member so appointed vacates office on ceasing to be a member of the Regulator.
(3)The member appointed to chair the meetings and any member appointed to act as deputy to that member otherwise hold and vacate office as such in accordance with the terms of their appointments.
(4)A member so appointed may, by notice to Ministers, resign from office as such.
(5)Where a member—
(a)is appointed to chair meetings or to act as deputy, or
(b)ceases to hold office as such,
Ministers may vary the terms of the member's appointment so as to alter the date on which office as a member is to be vacated.
(1)The Regulator may regulate its own procedure (including any quorum) and that of any of its committees.
(2)The validity of any proceedings or acts of the Regulator is not affected by any—
(a)vacancy in its membership, or
(b)defect in the appointment of a member.
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Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
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