Paragraph 12 Revenue and remunerationI1 I2

England and Wales

(1)

For the purposes of paragraphs 3 and 6, the IFR may by rules (“revenue rules”) make provision for determining—

(a)

a person’s total and daily revenue;

(b)

an officer’s remuneration and daily remuneration.

(2)

Revenue rules may, among other things, make provision about—

(a)

amounts which are, or are not, to be included in a person’s revenue;

(b)

amounts which are, or are not, to be included in an officer’s remuneration;

(c)

the period or periods by reference to which a person’s revenue is to be determined;

(d)

the period or periods by reference to which an officer’s remuneration is to be determined.

(3)

Before making, amending or replacing revenue rules the IFR must consult the Secretary of State.

(4)

Sub-paragraph (3) does not apply in relation to amendments to or replacements of revenue rules if the IFR considers the changes to be minor.

(5)

The consultation must include a draft of the proposed revenue rules.

Annotations

I1: Sch. 9 para. 12 in force at Royal Assent for specified purposes, see s. 100(2)(g)
I2: Sch. 9 para. 12 in force at 12.12.2025 in so far as not already in force by S.I. 2025/1286, reg. 2(1)(c)(ii)