Moved by
Lord Newby
38: Clause 6, page 32, leave out lines 15 to 18
39: Clause 6, page 32, line 18, at end insert—
“2LA The PRA Practitioner Panel
(1) Arrangements under section 2L must include the establishment and maintenance of a panel of persons (to be known as “the PRA Practitioner Panel”) to represent the interests of practitioners.
(2) The PRA must appoint one of the members of the PRA Practitioner Panel to be its chair.
(3) The Treasury’s approval is required for the appointment or dismissal of the chair.
(4) The PRA must appoint to the PRA Practitioner Panel such persons representing PRA-authorised persons as it considers appropriate.
(5) The PRA may appoint to the PRA Practitioner Panel such other persons as it considers appropriate.”