s 34

Source of funds for paying remuneration and allowances

In force

(1)

The Chair is to be paid remuneration and allowances as follows:

(a)

when performing functions relating to a particular Fund—out of that Fund;

(b)

when performing functions relating to the 1922 scheme, DFRB, DFRDB, DFSPB, ADF Cover or PNG—out of the Consolidated Revenue Fund.

Note:

The CSC Special Account is debited when the remuneration and allowances are paid out of the Consolidated Revenue Fund (see paragraph 29G(2)(b)).

(2)

A director (other than the Chair) is to be paid remuneration and allowances as follows:

(a)

when performing functions relating to a particular Fund—from one of the following (according to the relevant Act administered by CSC):

(i)

that Fund;

(ii)

the Consolidated Revenue Fund;

(iii)

partly out of that Fund and partly out of the Consolidated Revenue Fund;

(b)

when performing functions relating to the 1922 scheme, DFRB, DFRDB, DFSPB, ADF Cover or PNG—out of the Consolidated Revenue Fund.

Note:

The CSC Special Account is debited when the remuneration and allowances are paid out of the Consolidated Revenue Fund (see paragraph 29G(2)(b)).

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