Financial Services (Banking Reform) Act 2013
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Change 1
104I Statement of policy on panel appointments
(1) The Payment Systems Regulator must prepare and publish a statement of policy in relation to the appointment of members to any panel established under section 103(3). (2) The statement must provide information about— (a) the process adopted for making appointments; (b) matters considered in determining who is appointed. (3) The statement may provide whatever other information in relation to the making of appointments that the Payment Systems Regulator considers appropriate. (4) The Payment Systems Regulator may alter or replace a statement published under this section. (5) The Payment Systems Regulator must publish a statement as altered or replaced under subsection (4). (6) Before publishing a statement under this section the Payment Systems Regulator must— (a) consult the Treasury about the proposed statement, and (b) have regard to any representations the Treasury make in response to the consultation. (7) Publication under this section is to be made in such manner as the Payment Systems Regulator considers best designed to bring the statement to the attention of the public.
104I Statement of policy on panel appointments
(1) The Payment Systems Regulator must prepare and publish a statement of policy in relation to the appointment of members to any panel established under section 103(3). (2) The statement must provide information about— (a) the process adopted for making appointments; (b) matters considered in determining who is appointed. (3) The statement may provide whatever other information in relation to the making of appointments that the Payment Systems Regulator considers appropriate. (4) The Payment Systems Regulator may alter or replace a statement published under this section. (5) The Payment Systems Regulator must publish a statement as altered or replaced under subsection (4). (6) Before publishing a statement under this section the Payment Systems Regulator must— (a) consult the Treasury about the proposed statement, and (b) have regard to any representations the Treasury make in response to the consultation. (7) Publication under this section is to be made in such manner as the Payment Systems Regulator considers best designed to bring the statement to the attention of the public.
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