Remuneration Committee

Terms of Reference

The Remuneration Committee shall be responsible for :

1. Setting, monitoring and reviewing targets set for the Principal. (amended 8 March 2000)

2. Reviewing targets set by the Principal for Senior Postholders and receiving an annual report from the Principal on progress and achievement. (amended 8 March 2000)

3. Advising the Corporation on the annual remuneration and terms and conditions of appointment for all holders of senior posts, the Principal and the Clerk. (amended 7 February, 2007)