Atomic Energy Authority Act 1986
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Change 1
7 Remuneration and compensation of members of the Authority.
(1) Section 1 of the Atomic Energy Authority Act 1954 (constitution of the Authority) is amended as follows. (2) Subsection (8) (duty to lay statements of remunerations, &c. of members before Parliament) is repealed. (3) After that subsection insert— (8A) The terms of appointment of a member of the Authority may, with the approval of the Treasury, entitle him to compensation to be paid by the Authority on his ceasing to be a member. (8B) Where a person ceases to be a member of the Authority otherwise than on the expiry of his term of office and is not entitled to compensation under the terms of his appointment, but it appears to the Secretary of State that there are special circumstances which make it right that he should receive compensation, the Secretary of State may, with the approval of the Treasury, require the Authority to make to that person a payment of such amount as may be determined by the Secretary of State with the approval of the Treasury. .
7 Remuneration and compensation of members of the Authority.
(1) Section 1 of the Atomic Energy Authority Act 1954 (constitution of the Authority) is amended as follows. (2) Subsection (8) (duty to lay statements of remunerations, &c. of members before Parliament) is repealed. (3) After that subsection insert— (8A) The terms of appointment of a member of the Authority may, with the approval of the Treasury, entitle him to compensation to be paid by the Authority on his ceasing to be a member. (8B) Where a person ceases to be a member of the Authority otherwise than on the expiry of his term of office and is not entitled to compensation under the terms of his appointment, but it appears to the Secretary of State that there are special circumstances which make it right that he should receive compensation, the Secretary of State may, with the approval of the Treasury, require the Authority to make to that person a payment of such amount as may be determined by the Secretary of State with the approval of the Treasury. .
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