7

Human Resources Policy

7.1

A ring-fenced body must ensure that its nomination committee includes a chairperson.

7.2

A ring-fenced body must ensure that the chairperson of its nomination committee does not chair any committee whose functions include nomination for any other member of the ring-fenced body’s group, other than a ring-fenced affiliate.

7.3

A ring-fenced body must ensure as far as reasonably practicable that, in carrying on its business, it does not depend on any employee who may cease to be available to undertake work for the ring-fenced body in the event of the insolvency of any other member of its group and that this is reflected in its human resources policy.