SCHEDULES
C1SCHEDULE 3 Constitution and Proceedings of Development Corporations
Annotations:
Modifications etc. (not altering text)
Pension benefits for chairmen
8
In the case of any such person, who is or has been the chairman of the corporation, as the Secretary of State may with the consent of the Mininster for the Civil Service determine, the Secretary of State may direct the corporation—
a
to pay to or in respect of that person on his retirement or death such pension, allowance or gratuity as may be so determined; or
b
to make payments towards the provision of such a pension, allowance or gratuity.
Sch. 3 functions made exercisable (E.) (24.7.2018) by The New Towns Act 1981 (Local Authority Oversight) Regulations 2018 (S.I. 2018/891), regs. 1, 3(1) (with reg. 3(2))