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SCHEDULES

Prospective

SCHEDULE 1E+W+S+N.I.THE SINGLE FINANCIAL GUIDANCE BODY

Members: generalE+W+S+N.I.

2(1)The single financial guidance body is to consist of—E+W+S+N.I.

(a)a chair (who is to be a non-executive member of the body) appointed by the Secretary of State,

(b)other non-executive members appointed by the Secretary of State, and

(c)executive members, appointed in accordance with paragraph 6.

(2)The Secretary of State and the non-executive members must ensure, so far as practicable, that the number of non-executive members is at all times greater than the number of executive members.