Commentary on Sections Part 1: The Independent Financial Review Panel Section 2: Functions of the Panel
This section sets out the functions of the Panel. The Panel is to determine the salaries and allowances payable to Members of the Assembly under section 47 of the 1998 Act and the pensions, gratuities and allowances payable to former Members and office holders under section 48. The Panel will be subject to specific objectives in terms of probity, accountability, value for money and securing an appropriate level of remuneration for Members of the Assembly.
The Panel may also consider any other matter relevant to its functions either on its own initiative or at the Commission’s request.