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SCHEDULES

SCHEDULE 5The Board of the Pension Protection Fund

Part 3Proceedings and delegation etc

Committees

15(1)The Board may establish committees for any purpose.

(2)Any committee established by the Board may establish sub-committees.

(3)The members of such committees or sub-committees may include persons who are not members of the Board.

(4)The members of a sub-committee may include persons who are not members of the committee.

(5)Sub-paragraphs (3) and (4) do not apply to the committee established under section 112 or any of its sub-committees.