Final draft: 11 October 2013
(changes shown against 18 March 2013 Charter)
NOW KNOW YE that We by Our Prerogative Royalandof Our especial grace, certainknowledge and mere motion do by this Our Charter for Us, Our Heirs and Successorswill, ordain and declare as follows:1. INCORPORATION
1.1. There shall be a body corporate known as the Recognition Panel.1.2. There shall be a Board of the Recognition Panel which shall be responsible for the
conduct and management of the Recognition Panel’s business and affairs, in
accordance with the further terms of this Charter.1.3. The Members of the Board of the Recognition Panel shall be the only Members of the body corporate, but membership of the body corporate shall not enable anyindividual to act otherwise than through the Board to which he belongs.
2. TERM OF CHARTER
2.1. Articles 3.2 and 5 and Schedules 1 (
Appointments and Terms of Membership
) and4 (
) shall take effect on the day following the date the Charter issealed.2.2.The remainder of this Charter shall take effect fromthe day after the last date that
the Chair and the initial Members of the Board of the Recognition Panel areappointed, and the Panel shall be duly established on that day.2.3. This Charter shall continue in force unless and until it is dissolved, in accordancewith Article 10, by Us, Our Heirs or Successors in Council, or otherwise.
3.1. The Purpose for which the Recognition Panel is established and incorporated is tocarry on activities relating to the recognition of Regulators in accordance with theterms of this Charter.3.2. Provisions and definitions to assist in the interpretation of this Charter arecontained in Schedule 4 (
4.1. The Recognition Panel has the functions, in accordance with the terms of thisCharter, of:a) determining applications for recognition from Regulators;b) reviewing whether a Regulator which has been granted recognition shallcontinue to be recognised;c) withdrawing recognition from a Regulator where the Recognition Panel issatisfied that the Regulator ceases to be entitled to recognition; and