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House of Commons Members' Fund Act 2016

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This is the original version (as it was originally enacted).

5Levy on Members’ salaries: variation and suspension

(1)The trustees may by direction increase the amounts set by resolution under section 4 in respect of a specified financial year by the percentage applied for the purposes of Part I of the Pensions (Increase) Act 1971 in respect of that financial year.

(2)The trustees may by direction suspend deductions under section 4 while they believe that the Fund has sufficient assets to meet demands on it.

(3)When a suspension is lifted, deductions resume (but without adjustment to recover amounts not collected during the suspension).

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