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6(1)The Prime Minister and the person who chairs the Committee of Public Accounts may jointly make remuneration arrangements in relation to the person who chairs NAO.
(2)Amounts payable by virtue of sub-paragraph (1) are to be charged on, and paid out of, the Consolidated Fund.
(3)The Public Accounts Commission may make remuneration arrangements in relation to any other non-executive member.
(4)Amounts payable by virtue of sub-paragraph (3) are to be paid by NAO.
(5)Remuneration arrangements under this paragraph—
(a)may make provision for a salary, allowances and other benefits but not for a pension, and
(b)may include a formula or other mechanism for adjusting one or more of those elements from time to time.
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