MembershipU.K.
2(1)The IMA is to consist of the following members—U.K.
(a)a chair (who is to be a non-executive member),
(b)at least 2 but not more than 6 other non-executive members,
(c)the chief executive (who is to be an executive member), and
(d)at least 1 but not more than 3 other executive members.
(2)The Secretary of State is to appoint the non-executive members.
(3)The non-executive members are to appoint the executive members (subject to paragraph 3).
(4)The non-executive members may make appointments under sub-paragraph (3) only if the chair and at least 2 other non-executive members have been appointed.
(5)The non-executive members must consult the Secretary of State before appointing the chief executive.
(6)The Secretary of State and the non-executive members must, so far as possible, ensure that the number of non-executive members exceeds the number of executive members.
(7)A person may not hold office as a member of the IMA if the person is a civil servant.
(8)The executive members are employees of the IMA.
(9)In sub-paragraphs (3) to (6), the references to the non-executive members are to all the non-executive members for the time being.
Commencement Information
I1Sch. 2 para. 2 in force at 31.1.2020 by S.I. 2020/75, reg. 4(m)