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Version Superseded: 01/04/1996
Point in time view as at 01/02/1996. This version of this provision has been superseded.
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3(1)The Authority may, with the approval of the Secretary of State as to terms and conditions of service, appoint such officers and employees as it may determine.
(2)No member or other person shall be appointed by the Authority to act as chief executive of the Authority unless the Secretary of State has consented to the appointment of that person.
(3)The Authority may—
(a)pay such pensions, allowances or gratuities to or in respect of any persons who have been or are its officers or employees as it may, with the approval of the Secretary of State, determine;
(b)make such payments as it may so determine towards provision for the payment of pensions, allowances or gratuities to or in respect of any such persons;
(c)provide and maintain such schemes as it may so determine (whether contributory or not) for the payment of pensions, allowances or gratuities to or in respect of any such persons.
(4)Any reference in sub-paragraph (3) above to pensions, allowances or gratuities to or in respect of any such persons as are mentioned in that sub-paragraph includes a reference to pensions, allowances or gratuities by way of compensation to or in respect of any of the Authority’s officers or employees who suffer loss of office or employment or loss or diminution of emoluments.
(5)If any person—
(a)on ceasing to be an officer or employee of the Authority, becomes a member; and
(b)was by reference to his office or employment with the Authority a participant in a pension scheme maintained by the Authority for the benefit of any of its officers or employees,
the Authority may, with the approval of the Secretary of State, make provision for him to continue to participate in that scheme, on such terms and conditions as it may with the consent of the Secretary of State determine, as if his service as a member were service as an officer or employee of the Authority.
(6)Provision made by virtue of sub-paragraph (5) above shall be without prejudice to paragraph 2 above.
(7)The consent of the Treasury shall be required for the giving of an approval under this paragraph.
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