Paragraph 2

The Secretary of State shall lay before each House of Parliament a statement of the remuneration and allowances that are or will be payable to members of the Corporation under paragraph 1 above; and, if any subsequent determination by the Secretary of State under that paragraph involves any departure from the terms of that statement or if a determination by the Secretary of State under that paragraph relates to the payment of, or to payments towards the provision of, a pension to or in respect of any member of the Corporation, the Secretary of State shall, as soon as possible after the determination, lay a statement thereof before each House of Parliament.