SCHEDULE 1 The Gas and Electricity Markets Authority
Utilities Act 2000 (2000 c 27) | Legislation

SCHEDULE 1 The Gas and Electricity Markets Authority

Section 1(4)

Membership

1

(1)     The Authority shall consist of a chairman, and no fewer than two other members, appointed by the Secretary of State.

(2)     The Secretary of State shall consult the chairman before appointing any other member.

Terms of appointment, remuneration, pensions etc

2

(1)     Subject to this Schedule, the chairman and other members shall hold and vacate office as such in accordance with the terms of their respective appointments.

(2)     The terms of appointment of the chairman and other members shall be determined by the Secretary of State.

[2A

A person holding office as chairman or other member must not—

(a)     seek or take any instructions that might compromise, or might reasonably be seen to compromise, the independence of the Authority in relation to its [designated regulatory functions]; or

(b)     carry out any other activity, or have any financial or other interest, that might compromise, or might reasonably be seen to compromise, that person's impartiality.]

[3

(1)     An appointment of a person to hold office as chairman or other member must be for a term of not less than 5

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