SCHEDULES

SCHEDULE 5 U.K. The Board of the Pension Protection Fund

Part 1 U.K. Members of the Board

Remuneration etc of members U.K.

9 U.K. Where—

(a) a non-executive member 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 Board may make a payment to that person of such amount as the Secretary of State may determine.

Commencement Information

I1 Sch. 5 para. 9 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.