Stipendiary ombudsman appointment enables designated ombudsman to handle specified territorial matters with board-determined powers and pay. Regulation 9 permits the Board to appoint a Stipendiary Ombudsman from the panel to act in specified matters and territorial jurisdictions; eligibility requires ten years' qualifying judicial, executive, consumer/investor protection, corporate legal practice, or public financial institution/regulatory service; the Stipendiary Ombudsman generally exercises the same powers as an Ombudsman under the Regulations; and the Board fixes fees, honorarium and allowances.
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Provisions expressly mentioned in the judgment/order text.
Stipendiary ombudsman appointment enables designated ombudsman to handle specified territorial matters with board-determined powers and pay.
Regulation 9 permits the Board to appoint a Stipendiary Ombudsman from the panel to act in specified matters and territorial jurisdictions; eligibility requires ten years' qualifying judicial, executive, consumer/investor protection, corporate legal practice, or public financial institution/regulatory service; the Stipendiary Ombudsman generally exercises the same powers as an Ombudsman under the Regulations; and the Board fixes fees, honorarium and allowances.
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