1(1)The Secretary of State shall draw up and from time to time revise—
(a)a panel of persons who
[F1(i)have a 7 year general qualification, within the meaning of section 71 of the Courts and Legal Services Act 1990;
(ii)are advocates or solicitors in Scotland of at least 7 years’ standing,], and are nominated for the purpose by the Lord Chancellor or the Lord President of the Court of Session, and
(b)a panel of persons who are experienced in insolvency matters;
and the members of the Tribunal shall be selected from those panels in accordance with this Schedule.
(2)The power to revise the panels includes power to terminate a person’s membership of either of them, and is accordingly to that extent subject to [F2section 7 of the Tribunals and Inquiries Act 1992](which makes it necessary to obtain the concurrence of the Lord Chancellor and the Lord President of the Court of Session to dismissals in certain cases).
Textual Amendments
F1Sch. 7 para. 1(1)(a)(i)(ii) substituted by Courts and Legal Services Act 1990 (c. 41, SIF 37), s. 71(2), Sch. 10 para. 67
F2Words in Sch. 7 para. 1(2) substituted (1.10.1992) by Tribunals and Enquiries Act 1992 (c. 53),ss. 18(1), 19(2), Sch. 3 para.19