Point in time view as at 01/10/2005.
Energy Act 2004, Cross Heading: Remuneration and pensions of non-executive members is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
2(1)The NDA may pay—U.K.
(a)to the chairman, and
(b)to each of the other non-executive members,
such remuneration and allowances as the Secretary of State may determine.
(2)The NDA may pay, or make provision for paying—
(a)to or in respect of the chairman, and
(b)to or in respect of each of the other non-executive members,
such sums by way of pensions, allowances or gratuities as the Secretary of State may determine.
(3)Where—
(a)a person ceases, otherwise than on the expiry of his term of office, to be a non-executive member, and
(b)it appears to the Secretary of State that there are special circumstances which make it right for him to receive compensation,
the NDA may make a payment to him of such amount as the Secretary of State may determine.
Commencement Information
I1Sch. 1 para. 2 in force at 27.7.2004 by S.I. 2004/1973, art. 2, Sch.
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