Financial Services and Markets Bill - continued        House of Commons
SCHEDULE 11, THE FINANCIAL SERVICES AND MARKETS TRIBUNAL - continued

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  PART III
  CONSTITUTION OF TRIBUNAL
     6. - (1) On a reference to the Tribunal, the President must, for the purposes of the reference, appoint at least one member of the panel of chairmen.
 
      (2) The President may, for the purposes of the reference, appoint such further members of the panel of chairmen or the lay panel as he thinks appropriate.
 
      (3) If while a reference is being dealt with, a person serving as member of the Tribunal in respect of the reference becomes unable to act, the reference may be dealt with by-
 
 
    (a) the other members appointed in respect of that reference; or
 
    (b) if it is being dealt with by a single member, such other member of the panel of chairmen as the President may appoint for the purposes of the reference.
      (4) If it appears to the Tribunal that a matter before it involves a question of fact of special difficulty, it may appoint one or more experts to provide assistance.
 
 
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Prepared 17 June 1999