SCHEDULES
C1SCHEDULE 1The trustee corporation
Annotations:
Modifications etc. (not altering text)
Part 1Members and employees
Remuneration etc
7
1
The trustee corporation may—
a
pay to the members such remuneration, and
b
pay to or in respect of them such sums by way of or in respect of allowances and gratuities,
as the Secretary of State may determine.
2
Where—
a
a person whose term of office as member or chair has not expired ceases to hold that office, and
b
the Secretary of State thinks there are special circumstances that make it right for the person to receive compensation,
the trustee corporation may make a payment to the person of such amount as the Secretary of State may determine.
Sch. 1 modified (5.7.2010) by The Personal Accounts Delivery Authority Winding Up Order 2010 (S.I. 2010/911), art. 9