- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
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”).
(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.
12(1)The members of the Determinations Panel are to be appointed on such terms and conditions as are determined by the Regulator with the approval of the Secretary of State.
(2)Subject to sub-paragraph (3) such a member—
(a)is to hold and vacate office in accordance with the terms and conditions of his appointment, and
(b)may resign or be removed from office in accordance with those terms and conditions.
(3)A person must cease to be a member of the Panel where—
(a)in the case of the chairman, he ceases to hold that office, or
(b)in the case of any member, he becomes a member of the Regulator or a member of the staff of the Regulator.
13No person is to be prevented from being a member of the Panel (whether as chairman or otherwise) merely because he has previously been a member of the Panel.
14The Regulator may pay, or make provision for paying, the members of the Determinations Panel such remuneration as the Secretary of State may determine.
15The Regulator may—
(a)pay to or in respect of any person who is or has been a member of the Panel such pension, allowances or gratuities as the Secretary of State may determine, or
(b)make such payments as the Secretary of State may determine towards provision for the payment of a pension, allowance or gratuity to or in respect of such a person.
16Where—
(a)a member of the Panel ceases to be a member otherwise than on the expiry of his term of office, and
(b)it appears to the Secretary of State that there are circumstances which make it right for that person to receive compensation,
the Regulator may make a payment to that person of such amount as the Secretary of State may determine.
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
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 government 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 Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: