SCHEDULES

SCHEDULE 1THE SINGLE FINANCIAL GUIDANCE BODY

Executive members: appointment

I16

1

Before the date on which the single financial guidance body first starts to provide services to members of the public, the Secretary of State must appoint—

a

a person to be the chief executive of the single financial guidance body, and

b

other persons to be the executive members of the body.

2

Appointments of executive members (including the chief executive) made on or after the date on which the single financial guidance body first starts to provide services to members of the public are to be made by the single financial guidance body, with the approval of the Secretary of State.