OpenLegislation

Paragraph 8

United Kingdom

(1)

The employees of the Authority who are not executive members are to be appointed to and hold their employments on such terms and conditions, including those as to remuneration, as the Authority may determine.

(2)

The Authority must—

(a)

pay to or in respect of employees who are not executive members such pensions, allowances or gratuities, or

(b)

provide and maintain for them such pension schemes (whether contributory or not),

as the Authority may determine.

(3)

If an employee of the Authority—

(a)

is a participant in a pension scheme applicable to his employment, and

(b)

becomes an executive member,

his service as a member may, if the Secretary of State so determines, be treated for the purposes of the pension scheme as if it were service as an employee.

Notes on Schedule 6

Textual amendments

F1

Sch 6 repealed (5.7.2010) by The Personal Accounts Delivery Authority Winding Up Order 2010 (S.I. 2010/911), art. 8(1)(b) (with art. 8(b)(c))