Part 1 Members of the Board
Pensions Act 2004 (2004 c 35) | Legislation

SCHEDULE 5 The Board of the Pension Protection Fund

Section 109

Part 1 Members of the Board

Appointment of chairman

1

The chairman of the Board is to be appointed by the Secretary of State.

Appointment of ordinary members

2

(1)     The appointments of the first five ordinary members are to be made by the Secretary of State.

(2)     Subsequent appointments of ordinary members are to be made by the Board, subject to sub-paragraph (4).

(3)     In making any appointment by virtue of sub-paragraph (2) the Board must act in accordance with any procedure for making such appointments that may be prescribed.

(4)     If, at any time, there are less than five ordinary members, the Secretary of State must appoint such number of ordinary

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