For sub-paragraph (1) of paragraph 23 of the Schedule to the Justices of the Peace Act, 1949 (Compensation) Regulations, 1954 , there shall be substituted the following sub-paragraph:—
(1) The compensation awarded to a whole-time officer for diminution of emoluments shall be awarded by way of an annual sum, payable for the same period or periods as would be the case were he a whole-time officer claiming compensation for loss of office under Parts II and III of this Schedule, and shall not, in respect of any such period, exceed a sum bearing the same proportion to the maximum amount of compensation which could have been awarded had he lost office as the difference between the annual rates of his emoluments immediately before and after diminution bears to the annual rate of his emoluments immediately before diminution:
Provided that where the said proportion is less than five per cent. no compensation shall be awarded.