SCHEDULES

SCHEDULE 1The Church of England Pensions Board

PART 1Membership

Terms of office

2

F1(1)

The chair and other members of the Board each hold office for a term of such duration as the General Synod decides; but the term must not exceed five years.

(2)

A person may not hold office as a member of the Board—

(a)

for a period exceeding ten years, or

(b)

for periods which, taken together, exceed ten years.

(3)

If a member of the Board ceases to hold a qualification by virtue of which he or she became a member, he or she ceases to be a member on ceasing to hold the qualification F2....

F3(4)

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F4(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)

A person is disqualified from being a member of the Board if there is a prohibition order or suspension order in force against him or her under section 3 or 4 of the Pensions Act 1995.

(7)

A person is disqualified from membership of the Board if—

(a)

the person is disqualified from being a trustee of a trust scheme under section 29 of the Pensions Act 1995, and

(b)

the disqualification is not subject to a general waiver under subsection (5) of that section.

(8)

If a member of the Board becomes disqualified under sub-paragraph (6) or (7), he or she ceases to be a member on becoming so disqualified.