SCHEDULES

SCHEDULE 1INVEST NORTHERN IRELAND

Tenure of office

3

1

Subject to the provisions of this Schedule, a member shall hold and vacate office in accordance with the terms of his appointment.

2

A person shall not be appointed as a member for more than five years at a time.

3

A person may at any time resign his office as a member by notice in writing to the Department.

4

A person appointed as chairman or deputy chairman of INI

a

shall hold and vacate that office in accordance with the terms of his appointment;

b

may resign that office by notice in writing to the Department; and

c

shall cease to hold that office if he ceases to be a member.

5

The Department may by notice in writing remove a person from office as a member or as chairman or deputy chairman of INI.

6

A person who ceases (otherwise than by virtue of sub-paragraph (5)) to be a member or to be the chairman or deputy chairman of INI shall be eligible for re-appointment.