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- Original (As enacted)
This is the original version (as it was originally enacted).
(1)The Regulator is to appoint, as a member of staff, a chief executive.
(2)Ministers are to appoint the first chief executive of the Regulator on such terms as they may determine.
(3)Before appointing the first chief executive, Ministers must consult the member of the Regulator appointed to chair meetings of the Regulator (if a person holds that office).
(4)The Regulator may, with the approval of Ministers, appoint subsequent chief executives on such terms as it may, with the approval of Ministers, determine.
(5)The chief executive is to be appointed from among persons who appear—
(a)as regards the first appointment, to Ministers, and
(b)as regards subsequent appointments, to the Regulator,
to have knowledge and skills relevant to the functions of the Regulator.
(6)The Regulator may, with the approval of Ministers—
(a)vary any terms of a person’s appointment as chief executive, or
(b)terminate a person’s appointment as chief executive if satisfied that the person is not performing the functions of that post adequately.
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Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
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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