SCHEDULES

SCHEDULE 2National Audit Office

Part 2Non-executive members

Remuneration arrangements

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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.