SCHEDULES

SCHEDULE 2Pensions Compensation Board

General

1

The Compensation Board shall not be regarded as the servant or agent of the Crown, or as enjoying any status, privilege or immunity of the Crown; and their property shall not be regarded as property of, or property held on behalf of, the Crown.

2

The Compensation Board may do anything which is calculated to facilitate the discharge of their functions, or is incidental or conducive to their discharge, including in particular—

a

giving guarantees or indemnities in favour of any person, or

b

making any other agreement or arrangement with or for the benefit of any person.