14Trustees of the Fund

#### 14 Trustees of the Fund 14 Trustees of the Fund > > (1) The trustees of the Fund are— > > > > > (a) 7 members of the Parliamentary Contributory Superannuation Scheme appointed by the trustees (an appointed trustee), and > > > > > (b) the Secretary of the Treasury. > > > (2) An appointed trustee vacates office on ceasing to be a member of the Parliamentary Contributory Superannuation Scheme. > > > (3) On a vacancy occurring in the office of appointed trustee, for any reason, the trustees must appoint a member of the Parliamentary Contributory Superannuation Scheme to replace the vacating trustee. > > > (4) An appointed trustee may be removed by— > > > > > (a) the trustees, or > > > > > (b) after consultation with the trustees, the Treasurer on reasonable grounds. > > > (5) Subject to this section, an appointed trustee holds office for the period specified in the trustee’s instrument of appointment, which must not exceed 4 years. > > > (6) An appointed trustee is eligible for reappointment. > > **s 14:** Am 1979 No 132, Sch 1 (2); GG No 99 of 10.7.1981, p 3735; 1987 No 48, Sch 32; 1988 No 131, Sch 29; 1991 No 95, Sch 3 (11); 2014 No 88, Sch 1.19. Subst 2022 No 29, Sch 1.5\[1\].