Remuneration and pensions of members
4(1)The Authority may pay to each member such remuneration and allowances as the Secretary of State may determine.
(2)The Authority may pay or make provision for paying to or in respect of any member such sums by way of pensions, allowances or gratuities as the Secretary of State may determine.
(3)Where a person ceases to be a member otherwise than on the expiry of his term of office and it appears to the Secretary of State that there are special circumstances which make it right for him to receive compensation, the Authority may make a payment to him of such amount as the Secretary of State may determine.
(4)The approval of the Treasury shall be required for any determination under this paragraph.