SCHEDULES

SCHEDULE 1 U.K.The trustee corporation

Modifications etc. (not altering text)

C1 Sch. 1 modified (5.7.2010) by The Personal Accounts Delivery Authority Winding Up Order 2010 (S.I. 2010/911), art. 9

Part 1 U.K.Members and employees

Remuneration etc U.K.

7 (1) The trustee corporation may— U.K.

(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.