The First Schedule to the Principal Act is amended by -

(a) the substitution in paragraph 2 of "16" for "14";

(b) the substitution for clauses (g) and (h) of paragraph 8(1) of the following:

"(g) one shall be a representative of consumer interests,

(h) one shall be a representative of pensioner interests,

(i) one shall be a representative of the Minister for Finance, and

(j) one shall be a representative of the Minister.";

and

(c) the insertion after subparagraph (7) of paragraph 8 of the following:

"(7A) The member of the Board representing consumer interests shall be a person nominated for appointment thereto by the Minister or such organisation or organisations as the Minister considers to be representative of consumer organisations.

(7B) The member of the Board representing pensioner interests shall be a person nominated for appointment thereto by the Minister or such organisation or organisations as the Minister considers to be representative of pensioner organisations.".