Restrictions on exit payments3

Subject to regulations 5, 6 and 7–

a

a relevant authority must not make an exit payment to a person which exceeds the exit payment cap in respect of a relevant public sector exit;

b

where two or more relevant public sector exits occur in respect of the same person within any period of 28 consecutive days, the total amount of the exit payments made to that person in respect of those exits must not exceed the exit payment cap.