SCHEDULES

SCHEDULE 1The Pensions Regulator

Part 3Members of the Determinations Panel

Remuneration etc of members of the Panel

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Where—

(a)

a member of the Panel ceases to be a member otherwise than on the expiry of his term of office, and

(b)

it appears to the Secretary of State that there are circumstances which make it right for that person to receive compensation,

the Regulator may make a payment to that person of such amount as the Secretary of State may determine.