(1) For paragraph (1) of regulation 7 (committees and sub-committees) there shall be substituted the following paragraph:
(1) The Secretary of State shall appoint a committee of the Commission to be known as the Management Board whose members shall be—
(a) the chairman of the Commission who shall be the chairman of the Management Board;
(b) The vice-chairman of the Commission;
(c) three further members of the Commission appointed by the Secretary of State;
(d) the chief executive of the Commission;
(e) the director of Finance of the Commission; and
(f) any person who may be appointed or co-opted under paragraph (1A).
(1A) The Management Board may include—
(a) not more than two persons who are not members of the Commission and who are appointed by the Secretary of State; and
(b) not more than two persons who are members of the Commission and who are co-opted by the Management Board.
(2) In paragraph (2) of regulation 7 for the words “that Committee” there shallo be substituted the words “thge Management Board” and for the words “central policy committee” there shall be substituted the words “Management Board”.
(3) After sub-paragraph (b) of paragraph (2) of regulation 7 there shall be inserted a new sub-paragraph (bb) as follows:
(bb) the management of the activities of the Commission;
(4) In paragraph (4) of regulation 7 for the words “consisting wholly of members of the Commission” there shall be substituted the words “consisting of members of the Commission and persons who are not members of the Commission but are members of the Management Board”.
(5) For paragraph (5) of regulation 7 there shall be substituted the following paragraph:
(5) The Management Board may, subject to such directions as may be given by the Secretary of State or the Commission, appoint sub-committees consisting—
(a) wholly of members of the Management Board; or
(b) wholly of members of the Commission; or
(c) partly of members of the Management Board who are not members of the Commission and partly of members of the Commission.