SCHEDULES

SCHEDULE 1THE SINGLE FINANCIAL GUIDANCE BODY

Members: general

I12

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.