2(1)The Director General shall be paid such remuneration and such travelling and other allowances as the Secretary of State may determine.
(2)Where the Secretary of State so determines in the case of a holder of the office of Director General—
(a)such pension, allowances or gratuities as the Secretary of State may determine shall be paid to or in respect of him, or
(b)such payments as the Secretary of State may determine shall be made towards the provision of a pension, allowances or gratuities to or in respect of him.
(3)If the Secretary of State determines that there are special circumstances that make it right for a person ceasing to hold office as Director General to receive compensation, such compensation as the Secretary of State may determine may be paid to him.
(4)A determination under this paragraph shall not have effect unless it has been approved by the Treasury.
Modifications etc. (not altering text)
C1Functions of the Treasury in Sch. 2 para. 2 transferred to the Minister (1.4.1995) by S.I. 1995/269, art. 3, Sch. para. 22.