26Payment of annual meeting fees

26 Payment of annual meeting fees

(1) The annual meeting fees set out in Table 5A are payable on a periodic basis throughout each year. Part years are paid on a proportionate basis. The annual meeting fee covers the following: (a) attendance at all formal meetings of the authority (regardless of their duration); (b) any preparation time for the formal meetings; (c) any official travel time associated with the formal meetings. Reduction for lengthy absence (2) The annual meeting fee is proportionally reduced where an office holder is unavailable to attend meetings of the authority for a period of more than 3 months, except to the extent that a reduction would be inconsistent with the terms of the office holder’s appointment.