3. The areas of the Devon Fire Authority and Somerset County Council become the combined area of the Authority.
4.—(1) There shall be constituted, for the purposes of discharging fire and rescue authority functions for the combined area, a body corporate to be known as the Devon and Somerset Fire and Rescue Authority.
(2) The Authority shall be constituted in accordance with the provisions of Part 3 of the Scheme.
(3) The Authority shall appoint a Chief Fire Officer.
5.—(1) The Authority shall appoint a Treasurer.
(2) The Authority shall have the power to pay compensation to persons employed by Somerset County Council and the Devon Fire Authority who in consequence of this scheme, or anything done under it, suffer direct pecuniary loss by reason of the determination of their appointments or diminution of their emoluments.