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SCHEDULES

SCHEDULE 1THE INSTITUTE

Remuneration, etc. of members

4.—(1) The Institute shall pay to its members such remuneration and allowances as the Department may determine.

(2) If—

(a)a person ceases to be a member or ceases to be the chairman or deputy chairman of the Institute; and

(b)it appears to the Department that there are special circumstances which make it right that he should receive compensation,

the Department may direct the Institute to make a payment of such amount as the Department may determine.

(3) A determination of the Department under this paragraph requires the approval of the Department of Finance and Personnel.