HM Treasury has today published the awaited Guidance and HMT Directions on implementation of the Restriction of Public Sector Exit Payments Regulations 2020, which are due to come into force with effect from 4 November 2020. The Equalities Impact Assessment to inform the implementation of the Regulations has also been published.
The Guidance is intended to assist public sector employers covered by the Regulations to apply them, whilst the HMT Directions sets out the circumstances in which the relevant decision maker for a public authority must relax the cap restrictions under the Regulations (mandatory waivers) or may exercise a discretion to relax the restrictions (discretionary waivers), subject to certain approvals of a business case. The Guidance also contains a proforma for use for business cases for discretionary waivers.
We will update further with a more detailed look at the Guidance and HMT Directions.