# The Passenger Transport (Compensation to Officers) Regulations 1970, Regulation 23: Retirement compensation for diminution of emoluments


Regulations 20 and 21 shall apply to a person to whom this Part of these regulations applies and who has suffered a diminution of his emoluments, as if he had suffered loss of employment and as if the loss of emoluments occasioned thereby had been equivalent to the amount of the diminution:
Provided that no compensation shall be payable—
(i) if the emoluments have been diminished by less than 2½ per cent; or
(ii) if the person has continued to pay superannuation contributions as if his emoluments had not been diminished.

---
Source: https://www.legislation.gov.uk/uksi/1970/749/regulation/23 (the official version)
Page: https://openlegislation.uk/passenger-transport-compensation-to-officers-regulations-1970/regulation-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.