8.The Act renames the IFRP as the Independent Remuneration Board (‘the Board’) and removes its power to determine the allowances payable to Members and former Members. The power to determine allowances now rests with the Commission. The Act provides for temporary appointments to the Board, removes the bar on former Members being members of the Board, and provides that a maximum of one former Member can serve on the Board at any one time. The Act requires the Board to have regard to the salaries payable to Members of certain other legislatures. The Act also makes provision in relation to the timing of determinations, their publication in draft, consultation on draft determinations and other matters.
OVERVIEW