The Iron and Steel (Compensation to Officers and Servants) (No. 2) Regulations 1953

12.  For the purpose of determining whether long term compensation for loss or diminution of emoluments should be awarded to a claimant, and, if so, the amount of the compensation, regard shall be had to such of the following factors as may be relevant, that is to say:—

(a) the conditions upon which the claimant held his employment as officer or servant of the employing company, including in particular its security of tenure, whether by law or by practice;

(b) the conditions, including security of tenure, whether by law or by practice, of any other employment which he may have obtained;

(c) the extent to which he has sought suitable employment and the emoluments which he has, or might have, acquired by accepting other suitable employment, including retraining, offered to him;

(d) the amount of any compensation recovered by him under or by virtue of the provisions of any enactment relating to the reinstatement in civil employment of persons who have been in the service of the Crown;

(e) the amount of any compensation payable to him in connection with or in consequence of his employment as an officer or servant of the employing company, whether by reason of any service agreement or contract or otherwise howsoever;

(f) the amount of any other compensation payable to him under these Regulations or any other Regulations made by the Minister under Section 24 of the Act; and

(g) all the other circumstances of his case.