SCHEDULES

SCHEDULE 2

Salaries, allowances and pensions for members

8

(1)

The F1Authority—

(a)

shall pay the members of the F1Authoritysuch salaries or fees, and such travelling, subsistence or other allowances, as the Secretary of State may determine; and

F2(b)

shall, as regards any member of the F1Authority in whose case the Secretary of State may so determine, pay, or make provision for the payment of, such sums by way of pension, allowances and gratuities to or in respect of him as the Secretary of State may determine.

(2)

If a person ceases to be a member of the F1Authority and it appears to the Secretary of State that there are special circumstances which make it right that he should receive compensation, the Secretary of State may direct the F1Authority to make to that person a payment of such amount as the Secretary of State may determine.

(3)

A determination or direction of the Secretary of State under sub-paragraph (1) or (2) above requires the approval of the Treasury.