The Central Bank Act 1942 is amended by inserting the following Schedule after Schedule 7 (as inserted by section 22 of this Act):
"Schedule 8 Provisions Applying to Both Consultative Panels
Section 57DD.
1. Members of Consultative Panel entitled to expense allowances.
A member of a Consultative Panel is entitled to be paid from the funds of the Regulatory Authority such attendance, travelling and subsistence allowances as that Authority determines.
2. Termination of membership of Consultative Panel.
(1) A person ceases to be a member of a Consultative Panel if the person -
(a) dies, or
(b) completes a term of office and is not reappointed, or
(c) resigns from membership by notice in writing addressed to the Minister, or
(d) is, with the person's consent, nominated as a candidate for election as a member of either House of the Oireachtas, or
(e) is, with the person's consent, nominated as a candidate for election as a member of the European Parliament or to fill a vacancy in the member
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