99RemunerationE+W
(1)The regulator may pay to or in respect of appointed members—
(a)remuneration,
(b)travelling and other allowances, and
(c)sums by way of or in respect of pensions and gratuities.
(2)The Secretary of State shall determine rates and eligibility criteria for payments under subsection (1).
(3)If the Secretary of State thinks there are special circumstances that make it right to compensate a person on ceasing to be an appointed member, the regulator may pay compensation determined by the Secretary of State.
(4)The regulator may pay to or in respect of employees —
(a)remuneration,
(b)travelling and other allowances, and
(c)sums by way of or in respect of pensions and gratuities.
(5)In this section a reference to a member or employee includes a reference to a former member or employee.
Commencement Information
I1S. 99 in force at 8.9.2008 by S.I. 2008/2358, art. 3(1)