# Transport Act 1981, Paragraph 2


(1) The remuneration and allowances payable to directors by Associated British Ports shall be determined by the Holding Company.
(2) The payment by Associated British Ports to or in respect of a former director of any pension or compensation for loss of office shall be subject to the approval of the Holding Company.

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Source: https://www.legislation.gov.uk/ukpga/1981/56/schedule/2/paragraph/2 (the official version)
Page: https://openlegislation.uk/transport-act-1981/schedule-2/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.