HC Deb 12 March 1951 vol 485 cc116-7W
92. Mr. Hurd

asked the Minister of Food the terms of appointment of the present members of the board of the Overseas Food Corporation and the compensation payable to them on relinquishing their appointments on 1st April or thereafter.

Mr. F. Wiley

Following is the informationSir E. Coates (Chairman). Appointed for a period of three years to 30th June, 1953, at a salary of£5,000. Sir Donald Perrott (Deputy Chairman), Seconded to the Corporation from the Civil Service for a period of two years to 21st November, 1951, at a salary of£4,000. Mr. J. McFadyen (Member). Appointed for a period of six years to 15th February, 1954, at a salary of£4,000, with pension rights similar to those which he would have enjoyed if he had remained in the employment of the Co-operative Wholesale Society, on condition that his contributions to the C.W.S. Superannuation Fund were paid over to the Corporation. Sir Cyril Jones (Member). Appointed for a period of three years to July 18th, 1953, at a salary of£3,000. Sir Charles Lockhart (Part-time Member). Appointed for a period of five years to 15th February, 1953. His salary is£2,000 a year except when he is in East Africa employed full-time on the work of the Corporation; his remuneration is then at the rate of£3,000 a year. In other respects the conditions of appointment of the Members of the Corporation are regulated by the Overseas Resources Development Regulations. As my right hon. Friend announced on 20th February, Sir Donald Perrott and Mr. McFadyen will shortly be leaving the Corporation. Mr. J. McFadyen will leave the Corporation on 31st March, 1951. He will receive£4,000 representing a year's salary. He has a six years' contract of which he has served three years. In addition his pension which he would have received on retirement at 65 (in two years' time) will be paid from the time he leaves the Corporation. No question of compensation arises in the case of Sir Donald Perrott since he was seconded from the Civil Service.

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