# Pensions Act 2004, Paragraph 16


Where—
(a) a member of the Panel ceases to be a member otherwise than on the expiry of his term of office, and
(b) it appears to the Secretary of State that there are circumstances which make it right for that person to receive compensation,
the Regulator may make a payment to that person of such amount as the Secretary of State may determine.

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Source: https://www.legislation.gov.uk/ukpga/2004/35/schedule/1/paragraph/16 (the official version)
Page: https://openlegislation.uk/pensions-act-2004/schedule-1/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.