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← House of Commons Members' Fund Act 2016

House of Commons Members' Fund Act 2016 s 5

House of Commons Members' Fund Act 2016 s 5

s 5 Levy on Members' salaries: variation and suspension

(1) The trustees may by direction increase the amounts set by resolution under section 4 in respect of a specified financial year by the percentage applied for the purposes of Part I of the Pensions (Increase) Act 1971 in respect of that financial year. (2) The trustees may by direction suspend deductions under section 4 while they believe that the Fund has sufficient assets to meet demands on it. (3) When a suspension is lifted, deductions resume (but without adjustment to recover amounts not collected during the suspension).

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