Article 4
1.—(1) Subsection (1) of section 28 (pension of the Lord Chancellor) of the Parliamentary and other Pensions Act 1972(1) is amended in accordance with this paragraph.
(2) For the words from “the aggregate of” to the end substitute “one-half of the annual amount of the salary which, at the time when he ceases to hold that office, is payable to a holder of that office who is not also Speaker of the House of Lords.”.
2. The Ministerial and other Salaries Act 1975(2) is amended as follows.
3.—(1) Section 1 (salaries) is amended in accordance with this paragraph.
(2) In subsection (2), for “together with the salary payable to him as Speaker of the House of Lords” substitute “together with any salary payable to him as Speaker of the House of Lords”.
(3) After subsection (3) insert—
“(3A) There shall be paid to the Speaker of the House of Lords a salary (which shall be paid out of money provided by Parliament) of £103,701 a year.”.
4. In subsection (1) of section 1A (alteration of salaries), for “section 1(1) or (3)” substitute “section 1(1), (3) or (3A)”.
5.—(1) Subsection (2) of section 2 (power to provide for pensions) of the Parliamentary and other Pensions Act 1987(3) is amended in accordance with this paragraph.
(2) At the end of paragraph (c) omit “or”.
(3) After paragraph (c) insert—
“(ca)the Speaker of the House of Lords; or”.
6. The Ministerial and other Pensions and Salaries Act 1991(4) is amended as follows.
7. After subsection (6)(b) of section 4 (grants to persons ceasing to hold ministerial and other offices) insert—
“(ba)the office of Speaker of the House of Lords;”.
8. In subsection (1) of section 5 (allowance for ministerial and other office-holders in House of Lords)—
(a)at the end of paragraph (b) omit “and”;
(b)after paragraph (b) insert—
“(ba)the Speaker of the House of Lords; and”.
1972 c. 48. Section 28(1) was substituted by section 1(2) of the Ministerial and other Pensions and Salaries Act 1991 (c. 5).
1975 c. 27. Section 1 was amended by section 84(d) of, and Schedule 20 to, the Courts and Legal Services Act 1990 (c. 41), section 3(1) of the Ministerial and other Pensions and Salaries Act 1991(c. 5), section 1(1) of the Ministerial and other Salaries Act 1997 (c. 62), and by articles 4 and 5(b) of S.I. 1996/1913. Section 1A was inserted by section 1(2)_of the Ministerial and other Salaries Act 1997 (c. 62).
1987 c. 45. Section 2 was amended by section 2(1) of the Ministerial and other Pensions and Salaries Act 1991 (c. 5).