[SCHEDULE 2 Compliance Officer]

[SCHEDULE 2 Compliance Officer]

[Section 3]

[Appointment of Compliance Officer

1

(1)     The Compliance Officer is to be appointed by the IPSA.

(2)     The person to be appointed must be selected by the IPSA on merit on the basis of fair and open competition.

Terms and conditions: general

2

(1)     Subject to the provisions of this Schedule, the Compliance Officer holds office in accordance with the terms and conditions of the Compliance Officer's appointment.

(2)     Those terms and conditions are to be determined by the IPSA.

Term of office

3

(1)     The Compliance Officer is to be appointed for a fixed term not exceeding five years.

(2)     A person who has been appointed as the Compliance Officer may not be appointed again.

Resignation and removal from office

4

(1)     A person may resign from the office of Compliance Officer by giving written notice to the IPSA.

(2)     The IPSA may remove a person from the office of Compliance Officer if the person—

(a)

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