s 5 Constitution of Authority
5.—(1) The Authority consists of the following members, all of whom must be appointed by the Minister:(a) a Chairperson; (b) not less than 10 but not more than 15 other members. (2) The members appointed under subsection (1)(b) are to include —(a) one public accountant to be selected by the Minister from a list of at least 2 public accountants nominated by each designated professional accountancy body; and (b) one non-practising accountant to be selected by the Minister from a list of at least 2 non‑practising accountants nominated by each designated professional accountancy body.[18/2014] (3) The Minister may appoint —(a) a member of the Authority to be its Deputy Chairperson; and (b) the Chief Executive to be a member. (4) The First Schedule has effect with respect to the Authority, its members and proceedings. (5) In subsection (2), “designated professional accountancy body” means a body specified in the Fourth Schedule.[18/2014]