1. Constitution of Foreign compensation Commission. U.K.
(1) For the purposes of this Act, there shall be constituted a Commission, to be called the Foreign Compensation Commission and in this Act referred to as“the Commission” consisting of a chairman appointed by the Lord Chancellor and such number of other members so appointed as the Secretary of State may with the approval of the Rreasury determine
(2) The Commission shall be a body corporate with power to hold land F1 . . . and may act notwithstanding a vacancy among the members therof.
(3) [ F2 Subject, in the case of the chairman, to subsection (3A) of this section, ] Every member of the Commission shall hold and vacate his office in accordance with the terms of his appointment, and a member of the Commission who ceases to hold office shall be eligible for re-appointment. F3 [ (3A) The chairman of the Commission shall vacate his office on the day on which he attains the age of [ F4 75 ] . ] F5 (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) The Commission shall pay to their members such remuneration (whether by way of salary or fees) and allowances as the Commission may wiath the approval of the Secretary of State and the Treasury determine Textual Amendments F1 Words in S. 1(2) repealed by Statute Law (Repeals) Act 1974 (c. 22) , s. 1 , Sch. Pt. II F2 Words in s. 1(3) inserted (31.3.1995) by 1993 c. 8 , s. 26(10) , Sch. 6 para.25 (with Sch. 7 paras. 2(2) , 3(2) ); S.I. 1995/631 , art. 2 F3 S. 1(3A) inserted (31.3.1995) by 1993 c. 8 , s. 26(10) , Sch. 6 para. 25 (with Sch. 7 paras. 2(2) , 3(2) ); S.I. 1995/631 , art. 2 F4 Word in s. 1(3A) substituted (10.3.2022) by Public Service Pensions and Judicial Offices Act 2022 (c. 7) , s. 131(1) (4)(a) , Sch. 1 para. 4 (with Sch. 1 para. 43 ) F5 S. 1(4) repealed by House of Commons Disqualification Act, 1957 (c. 20) , s. 14(1) , Sch. 4 Pt. I
