This section has no associated Explanatory Memorandum
20. In this Schedule–N.I.
“financial year” means–
(a)
the period beginning with the appointed day and ending on the next following 31st March; and
(b)
any subsequent period of twelve months ending on 31st March;
“member” means a member of the Board;
“non-executive member” has the meaning given by paragraph 2(2).