SCHEDULES
C1SCHEDULE 5The Board of the Pension Protection Fund
Part 2Staff of the Board
Other employees
13
I11
Other employees of the Board may be appointed by the Board with the approval of the Secretary of State as to numbers.
I12
Subject to sub-paragraph (3), an appointment under sub-paragraph (1) is to be on such terms and conditions as may be determined by the Chief Executive.
3
The terms and conditions relating to remuneration are—
I1a
in the case of an appointment of an employee who is also to be an executive member of the Board, to be determined by the Board with the approval of the Secretary of State,
b
in the case of an appointment of an employee of a prescribed description, to be determined by the Board.
I14
By virtue of subsection (2) of section 112 (non-executive functions), the functions conferred on the Board by sub-paragraph (3)(a) and (b) are exercisable on its behalf by the committee established under that section.
Sch. 5 modified (N.I.) (6.4.2005) by The Pension Protection Fund (Review and Reconsideration of Reviewable Matters) Regulations (Northern Ireland) 2005 (S.R. 2005/138), regs. 1(1), 26