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SCHEDULE 2Constitution etc. of the Risk Management Authority

Remuneration, allowances and pensions

5(1)The Authority may, with the approval of the Scottish Ministers, pay—

(a)such remuneration and allowances to its members; and

(b)in respect of any office held by a person as member—

(i)such pension, allowance or gratuity to or in respect of the person; and

(ii)such contribution or other payment towards provision of such pension, allowance or gratuity,

as it may with such approval determine.

(2)Where a person ceases to be a member otherwise than on expiry of term of office, the Authority may, exceptionally and with the approval of the Scottish Ministers, pay to the person such amount by way of compensation for loss of office as it may with such approval determine.