(1)For section 21(3) of the [1961 No. 3.] Clergy Pensions Measure 1961 there shall be substituted the following subsection —
“(3)The Board shall consist of twenty members (of whom eight shall be representative of the members of the pension schemes administered by the Board) chosen in such manner, whether by election or by appointment, as may be prescribed by regulations made under section 6 of the [1972 No. 5.] Clergy Pensions (Amendment) Measure 1972.”.
(2)The chairman and other members of the Board in office immediately before the appointed day shall cease to hold office on that day.