SCHEDULES
SCHEDULE 1 The Agency
Remuneration etc. of members
2
1
The Agency may pay to any member such sums, whether by way of remuneration or allowances or otherwise, as the Secretary of State may determine.
2
The Agency may pay or make provision for paying to or in respect of any member or former member such sums by way of pensions, allowances or gratuities as the Secretary of State may determine.
3
Where a person ceases to be a member in circumstances in which, by the terms of the instrument appointing him, he is entitled to compensation of any amount, the Agency shall make to him a payment of that amount.
4
Where—
a
a person ceases to be a member otherwise than on the expiry of his term of office;
b
sub-paragraph (3) above does not apply; and
c
it appears to the Secretary of State that there are special circumstances which make it right for that person to receive compensation,
the Agency may make to him a payment of such amount as the Secretary of State may determine.
5
The approval of the Treasury shall be required for any determination under this paragraph.