SCHEDULES

SCHEDULE 8Monitor

The chief executive and other executive members: appointment and status

I12

1

The chief executive and the other executive members of Monitor are to be appointed by the non-executive members.

2

A person may not be appointed as chief executive or as another executive member without the consent of the Secretary of State.

3

The non-executive members may not appoint more than five executive members without the consent of the Secretary of State.

4

The chief executive and the other executive members are to be employees of Monitor.