SCHEDULES
C1SCHEDULE 5The Board of the Pension Protection Fund
Part 1Members of the Board
Remuneration etc of members
I17
The Board may pay, or make provision for paying, its non-executive members such remuneration as the Secretary of State may determine.
I28
The Board may—
a
pay to or in respect of any person who is or has been a non-executive member such pension, allowances or gratuities as the Secretary of State may determine, or
b
make such payments as the Secretary of State may determine towards provision for the payment of a pension, allowance or gratuity to or in respect of such a person.
I39
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.
Sch. 5 modified (N.I.) (6.4.2005) by The Pension Protection Fund (Review and Reconsideration of Reviewable Matters) Regulations (Northern Ireland) 2005 (S.R. 2005/138), regs. 1(1), 26