compensation for loss of office

Today's legislation is not intended to prevent changes to rights to compensation for loss of office.

Usually, you will be more concerned with compensation for loss of office colloquially known as a golden handshake.

Disclose the total amount of payments for compensation for loss of office.

In the former case, it can sometimes be brought within the scope of the rules on payments by way of compensation for loss of office.

Such payments would come within para 10 of the Statement as compensation for loss of office rather than in anticipation of retirement.

Unlike some other departing executives lately, Mr Dworkin was paid no compensation for loss of office.

However, priests will be entitled to some modest compensation for loss of office, and gain the right of appeal to secular employment tribunals.

This would give him eighteen months' salary as compensation for loss of office, and his pension was not to begin until the eighteen month period had elapsed.

One was a £230,000 'compensation for loss of office', the bulk of which went to the former chief executive, Emmanuel Olympitis, who suddenly departed last month.

(Some contend that all of this money was properly accounted for as compensation for loss of office, pensions and so forth not outwith the usual run of government.

Earlier this year, the previous government introduced a revised Civil Service Compensation Scheme that introduced a two year cap on the payment of compensation for loss of office, or redundancy.

If it is proposed that the target should pay any of its directors compensation for loss of office following the implementation of the scheme, then an ordinary resolution of the target may be required to sanction the payments.

Alternatively, the company may have been able to use its entitlement to a refund of corporation tax to make an ex gratia payment, or payment as compensation for loss of office, to the directors (as they were departing directors in the buy-out) of up to £30,000 per director.

In consequence of certain reductions in the estimates, which involved several departmental changes, O'Halloran retired from the Government service in 1871, with compensation for loss of office, the Governor in Council recording his testimony to the honourable manner in which he had discharged his duties.

Payments made ex gratia or as compensation for loss of office by the vendor of the business will not usually be deductible by the vendor because they are made in connection with the discontinuance of the trade and not for the purpose of enabling the company to carry on its trade.