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SCHEDULES

SCHEDULE 1U.K.Office for Budget Responsibility

RemunerationU.K.

4(1)The Office may, with the approval of the Treasury—U.K.

(a)pay, or make provision for paying, to a member of the Office such remuneration as the Treasury may determine, and

(b)pay, or make provision for paying, to or in respect of a person who is or has been a member of the Office any such pension, allowances or gratuities as the Treasury may determine.

(2)Where—

(a)a person ceases to be a member of the Office otherwise than at the end of the period for which the person was appointed, and

(b)it appears to the Office and the Treasury that there are circumstances which make it right for the person to receive compensation,

the Office may make a payment to the person of such amount as the Treasury may determine.

Commencement Information

I1Sch. 1 para. 4 in force at 4.4.2011 by S.I. 2011/892, Sch. 2