11(1)On each occasion when the Regulator is required to appoint a person as chairman of the Determinations Panel, the chairman of the Regulator must establish a committee (in this Schedule referred to as “the appointments committee”).U.K.
(2)The appointments committee must consist of—
(a)a chairman appointed by the chairman of the Regulator from the non-executive members of the Regulator, and
(b)one or more persons appointed by the chairman of the Regulator.
(3)At least one of the persons appointed under sub-paragraph (2)(b) must be a person who is not a member of the Regulator.
(4)But a person appointed under sub-paragraph (2)(b) must not be a person who is a member of the staff of the Regulator.
(5)The committee must nominate a person suitable for appointment as chairman of the Panel.
Commencement Information
I1Sch. 1 para. 11 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.