Schedule 1 The Single Financial Guidance Body

Section 1

Status

1

(1) The single financial guidance body is not to be regarded -

(a) as a servant or agent of the Crown, or

(b) as enjoying any status, immunity or privilege of the Crown.

(2) The members and employees of the single financial guidance body are not to be regarded as Crown servants.

Members: general

2

(1) The single financial guidance body is to consist of -

(a) a chair (who is to be a non-executive member of the body) appointed by the Secretary of State,

(b) other non-executive members appointed by the Secretary of State, and

(c) executive members, appointed in accordance with paragraph 6.

(2) The Secretary of State and the non-executive members must ensure, so far as practicable, that the number of non-executive members is at all times greater than the number of executive members.

Non-executive members: tenure

3

(1) The non-executive members hold and vacate office in accordance with the terms of their appointment (subject to this Schedule).

(2) A non-executive member m

…