Fair Trading Act 1973

Tenure of office of regular members

2(1)Subject to the following provisions of this paragraph, a regular member of the Commission shall hold and vacate office as such in accordance with the terms of his appointment.

(2)A person shall not be appointed to be a regular member of the Commission for a term exceeding five years ; but previous membership shall not affect eligibility for re-appohitment.

(3)A regular member of the Commission may at any time resign his membership by notice in writing addressed to the Secretary of State.

(4)The Secretary of State may remove a regular member of the Commission on the ground of incapacity or misbehaviour.