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Financial Services and Markets Act 2000
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- UK Public General Acts
- 2000 c. 8
- SCHEDULE 13
- Part II
- Terms of office etc
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Terms of office etc
4(1)Subject to the provisions of this Schedule, each member of the panel of chairmen and the lay panel is to hold and vacate office in accordance with the terms of his appointment.
(2)The Lord Chancellor may remove a member of either panel (including the President) on the ground of incapacity or misbehaviour.
(3)A member of either panel—
(a)may at any time resign office by notice in writing to the Lord Chancellor;
(b)is eligible for re-appointment if he ceases to hold office.
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