Paragraph 7
Scotland
The Board—
shall pay to the members thereof such remuneration and such allowances as the Secretary of State may, with the approval of F1the Treasury, determine, and
as regards any members in whose case the Secretary of State may so determine with the approval of the Treasury, shall make provision for or pay to or in respect of them such pensions as may be so determined,
and if a person ceases to be a member of the Board and it appears to the Secretary of State that there are special circumstances which make it right that that person should receive compensation the Secretary of State may, with the approval of the Treasury, require the Board to pay to that person a sum of such amount as the Secretary of State may, with the approval of the Treasury, determine.
In this paragraph any reference to a pension includes a reference to a gratuity.
Annotations
Textual amendments
- F1
Words substituted by virtue of S.I. 1981/1670, arts. 2, 3(5)
Notes on the whole Act
Textual amendments
- F1
Act repealed (20.7.1992) by Enterprise and New Towns (Scotland) Act 1990 (c. 35), s. 38(2), Sch. 5 Pt. IV; S.I.1992/1764, art.2.