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Remuneration, etc. of membersN.I.

4.—(1) The Institute shall pay to its members such remuneration and allowances as the Department may determine.N.I.

(2) If—

(a)a person ceases to be a member or ceases to be the chairman or deputy chairman of the Institute; and

(b)it appears to the Department that there are special circumstances which make it right that he should receive compensation,

the Department may direct the Institute to make a payment of such amount as the Department may determine.

(3) A determination of the Department under this paragraph requires the approval of the Department of Finance and Personnel.