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Private Security Industry Act 2001

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This is the original version (as it was originally enacted).

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7(1)The Authority shall pay to its employees such remuneration and allowances as it may, with the consent of the Secretary of State, determine.

(2)The Authority shall—

(a)pay, or make payments in respect of, such pensions or gratuities to or in respect of its employees or former employees as it may, with the consent of the Secretary of State, determine; and

(b)provide and maintain such schemes (whether contributory or not) as it may determine, with the consent of the Secretary of State, for the payment of pensions or gratuities in respect of its employees or former employees.

(3)References in this paragraph to pensions and gratuities include references to pensions or gratuities by way of compensation to or in respect of employees who suffer loss of employment or loss or diminution of emoluments.

(4)If any person—

(a)on ceasing to be employed by the Authority becomes or continues to be one of its members, and

(b)was, by reference to his employment, a participant in a pension scheme maintained by the Authority,

the Authority may, with the consent of the Secretary of State, make provision for that person to continue to participate in that scheme, on such terms and conditions as it may with the consent of the Secretary of State determine, as if his service as a member were service as an employee.

(5)Any provision made by virtue of sub-paragraph (4) is without prejudice to paragraph 5.

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