Subject to subsection (6) below, any member of a F1parish or community council who is a councillor shall be entitled to receive a payment by way of attendance allowance, that is to say, a payment for the performance of any approved duty, being a payment of such reasonable amount, not exceeding the prescribed amount, as the F1parish or community council may determine F2unless a notice under section 173A below is effective in relation to him.

The amount prescribed under subsection (1) above may be prescribed by reference to any period of twenty-four hours.

The amount of any allowance determined by a F1parish or community council under subsection (1) above may vary according to the time of day and the duration of the duty, but shall be the same for all members of the F3council entitled to the allowance in respect of a duty of any description at the same time of day and of the same duration.

Subject to subsection (6) below, any member of a F4parish or community council who is not entitled under subsection (1) above to receive attendance allowance for the performance of an approved duty shall be entitled to receive a payment by way of financial loss allowance, that is to say, a payment not exceeding the prescribed amount in respect of any loss of earnings necessarily suffered, or any additional expenses (other than expenses on account of travelling or subsistence) necessarily suffered or incurred by him for the purpose of enabling him to perform that duty.

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A member of a parish or community council shall not be entitled to any payment under this section in respect of the performance as such a member of an approved duty within the parish or community or, in the case of a parish or community grouped under a common parish or community council, the area of the group.