SCHEDULES

SCHEDULE 21Mayoral development corporations

4Remuneration etc: members and staff

1

An MDC may pay to or in respect of its members—

a

remuneration,

b

travelling and other allowances, and

c

sums by way of, or in respect of, pensions and gratuities.

2

The Mayor is to determine rates and eligibility criteria for payments under sub-paragraph (1).

3

If the Mayor thinks that there are special circumstances that make it right to compensate a person on ceasing to be a member of an MDC, the MDC may pay compensation determined by the Mayor.

4

Payments under sub-paragraph (1) or (3), other than travelling and subsistence allowances, are not to be made to a member of an MDC who is also a member of the London Assembly, but this does not prevent payment of an allowance under sub-paragraph (1) to the person appointed to chair an MDC in respect of that office.

5

An MDC may pay to or in respect of its staff—

a

remuneration,

b

travelling and other allowances, and

c

sums by way of, or in respect of, pensions and gratuities.

6

Rates and eligibility criteria for payments made by an MDC under sub-paragraph (5) are to be determined by the MDC with the agreement of the Mayor.

7

In this paragraph “member” includes former member and “staff” includes former staff.