The Electricity (Northern Ireland) Order 1992 No. 231 (NI. 1)

PART III N.I. REORGANISATION OF THE INDUSTRY

Provisions with respect to Northern Ireland Electricity N.I.

Compensation to members and employees of Northern Ireland Electricity N.I.

87.—(1) The Department may pay to any person who, immediately before the transfer date, is the Chairman or other member of Northern Ireland Electricity such sums by way of compensation for loss of office, or loss or diminution of pension rights, as the Department may with the approval of the Department of Finance and Personnel determine.

(2) The Department may also pay to persons who, immediately before the transfer date, are employees of Northern Ireland Electricity such sums by way of compensation for loss of employment, or loss or diminution of remuneration or pension rights, as the Department may, with the approval of the Department of Finance and Personnel, determine.