Valid from 01/01/2005
4(1)The body shall pay to its chairman and members such remuneration, and such allowances in respect of expenses properly incurred by them in the performance of their duties, as the Secretary of State may determine.
(2)As regards any chairman or member in whose case the Secretary of State so determines, the body shall pay or make provision for the payment of—
(a)such pension, allowance or gratuity to or in respect of that person on his retirement or death, or
(b)such contributions or other payment towards the provision of such a pension, allowance or gratuity,
as the Secretary of State may determine.
(3)Where a person ceases to be a member of the body otherwise than on the expiry of his term of office and it appears to the Secretary of State that there are special circumstances which make it right for him to receive compensation, the body shall make a payment to him by way of compensation of such amount as the Secretary of State may determine.