Schedule 1ZA, Part 1, paragraph 4(1)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The Treasury may remove an appointed member from office— on the grounds of incapacity or serious misconduct, or on the grounds that in all the circumstances the member's financial or other interests are such as to have a material effect on the extent of the functions as member that it would be proper for the person to discharge.
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Source: legislation.gov.uk · retrieved 2026-09-04