Article 4 Salaries payable to members of the Parliament

Subject to paragraph (2), there shall be payable to every member of the Parliament a salary at the yearly rate of £40,092.

For any period during which a salary is payable to a member of the Parliament pursuant to a resolution (or combination of resolutions) of either House of Parliament relating to the remuneration of members of that House, or under section 1 of the European Parliament (Pay and Pensions) Act 1979^f1 (remuneration of United Kingdom MEPs), the yearly rate of the salary payable by virtue of this article to that member for that period shall be reduced by two-thirds.

The salary payable by virtue of this article to a member of the Parliament shall be payable for the period beginning with the day on which he is declared to be returned as a member of the Parliament and ending with the day on which he ceases to be a member of the Parliament.