Part 9: Public Sector Employment: Restrictions on Exit Payments Section 153A: Regulations to restrict public sector exit payments
This section confers a power to make regulations to restrict exit payments payable to employees of prescribed public sector authorities or holders of prescribed public sector offices as a consequence of them leaving employment or office to a value of £95,000. The section further provides that any restriction must also apply to an aggregate of all exit payments made to the individual within a period of 28 days.
	The regulations under this section will also:
Prescribe what payments to an employee or post holder are within the scope of the restriction;
Provide that certain payments or category of payments are exempt from the restriction; and
Allow for a different amount to be substituted for the restriction set in this section.
	The section also confers a power to amend an Act or relevant public sector compensation scheme to make sure they reflect the restriction on public sector exit payments.