§ Mr. ChopeTo ask the Secretary of State for Trade and Industry if any financial limit is to be placed upon the level of compensation for loss of office which he can determine should be paid to the Chairman and other members of the Gas and Electricity Markets Authority under Schedule 4, paragraph 4(3) of the Utilities Bill; and if he will make a statement. [107664]
§ Mrs. LiddellI assume that the hon. Member is referring to Schedule 1, not Schedule 4, of the Utilities Bill.
There is no statutory limit to the level of compensation that may be determined by my right hon. Friend the Secretary of State, the level of compensation will depend on the circumstances of the case.
420W
§ Mr. ChopeTo ask the Secretary of State for Trade and Industry if the categories of misbehaviour on the part of the Chairman of the Gas and Electricity Markets Authority which could give grounds for removal from office under Schedule 1, paragraph 3(2)(b) of the Utilities Bill include refusal to follow his advice; and if he will make a statement. [107666]
§ Mrs. LiddellNo. There is no change from the equivalent Electricity Act 1989 and Gas Act 1985 provisions in this respect.
§ Mr. ChopeTo ask the Secretary of State for Trade and Industry if any financial limit is to be placed on the level of remuneration and allowances which he can determine should be paid to the Chairman and members of the Gas and Electricity Markets Authority under Schedule 1, paragraph 4, of the Utilities Bill; and if he will make a statement. [107663]
§ Mrs. LiddellThere will be no statutory limit. Remuneration and allowances will be determined having regard to the need to recruit and retain individuals with the necessary qualities and experience.