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Amendment of First Schedule to Principal Act.
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40.—The First Schedule to the Principal Act is hereby amended by—
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(a) the substitution in paragraph 2 of “14” for “12”,
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(b) the insertion after paragraph 5 of the following paragraph:
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“5A. If the chairman of the Board dies, resigns, becomes disqualified or is removed from office the Minister shall appoint a person to be chairman of the Board and the person so appointed shall hold office for the remainder of the term of office of the chairman occasioning the vacancy and shall be eligible for re-appointment as chairman of the Board.”,
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(c) the substitution for paragraphs 8 (1) (a) and (b) of the following:
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“(a) two shall be representative of trade union members of whom one shall be a trustee of an occupational pension scheme,
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(b) two shall be representative of employers' members of whom one shall be a trustee of an occupational pension scheme,”,
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(d) the substitution for paragraphs 8 (2) and (3) of the following:
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“(2) The members of the Board representing trade union members shall be persons nominated for appointment thereto by such organisation as the Minister considers to be representative of trade unions of workers as the Minister may determine.
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(3) The members of the Board representing employers' members shall be persons nominated for appointment thereto by such organisation as the Minister considers to be representative of employers as the Minister may determine.”,
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(e) the insertion in paragraph 11 (1) after “removed from office” of “or is appointed chairman of the Board under paragraph 5A”, and
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(f) the insertion in paragraph 14 after “may” of “at any time”.
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