4(1)The Secretary of State must appoint one of the appeal panel members to preside over the discharge of the Commission’s functions in relation to appeals.
(2)The member so appointed is to be known as the President of the Competition Commission Appeal Tribunals (but is referred to in this Schedule as “the President”).
(3)The Secretary of State may not appoint a person to be the President unless that person—
(a)has a ten year general qualification within the meaning of section 71 of the [1990 c. 41.] Courts and Legal Services Act 1990,
(b)is an advocate or solicitor in Scotland of at least ten years' standing, or
(c)is—
(i)a member of the Bar of Northern Ireland of at least ten years' standing, or
(ii)a solicitor of the Supreme Court of Northern Ireland of at least ten years' standing,
and appears to the Secretary of State to have appropriate experience and knowledge of competition law and practice.
(4)Before appointing the President, the Secretary of State must consult the Lord Chancellor or Lord Advocate, as he considers appropriate.
(5)If the President ceases to be a member he also ceases to be President.