SCHEDULES

C1SCHEDULE 1 Additional Provisions with respect to the Policyholders Protection Board

Annotations:
Modifications etc. (not altering text)
C1

Sch. 1 (except paras. 5, 6): functions made exercisable by, or by employees of, such person as may be authorised in that behalf by the Treasury (18.11.1998) by S.I. 1998/2842, art. 2, Sch. Pt. II para. 63(d)

Remuneration, etc. of members

5

1

Subject to sub-paragraph (2) below, Board shall pay to each member or alternate member such remuneration and such travelling, subsistence or other allowances as the Board may determine.

2

Any determination of the Board with respect to the remuneration to be paid to any member or alternate member shall be subject to the approval of the F2Treasury, and the F2Treasury shall not give F3their approval without the consent of the Minister for the Civil Service.

6

If a person ceases to be a member or an alternate member of the Board and it appears to the F4Treasury that there are special circumstances which make it right that that person should receive compensation, the F4Treasury may require the Board to pay to that person a sum of such amount as the F4Treasury may with the consent of the Minister for the Civil Service determine.