Restricting exit payments in the public sector
Seeking views on the proposed draft regulations.
Detail
The government legislated for a cap of £95,000 on exit payments in the public sector in the Small Business Enterprise and Employment Act 2015 as amended by the Enterprise Act 2016. The 2015 act sets out the duty to implement the cap through secondary legislation.
This consultation sets out the proposed draft regulations, schedule to the regulations, accompanying guidance and directions. The government welcomes comments on the draft regulations.
Documents
Restricting exit payments in the public sector: consultation on implementation of regulationsAnnex A: The Restriction of Public Sector Exit Payments Regulations 2019 (draft statutory instruments)application/pdfAnnex B: £95k cap on exit payments in the public sector schedule (draft)application/pdfAnnex C: Restriction of public sector exit payments: guidance on the 2019 regulationsMandatory HM Treasury directionsapplication/pdfPublic sector exit payments: response to the consultationapplication/pdf