Cap. 555 Art. 20APension.

Without prejudice to article 113 of the Constitution of Malta, the holder of the office of Arbiter for Financial Services shall be entitled to a pension equivalent to the pension given to Members of the Judiciary under the Members of the Judiciary (Pensions) Act:

Provided that the holder of the office of Arbiter for Financial Services shall be eligible to receive the pension referred to herein only on reaching retirement age and on condition that the said individual would have served a full term of office:

Provided further that the holder of the office of Arbiter for Financial Services shall be eligible to receive the pension referred to herein, if the holder of such office is compelled to discontinue in office due to serious medical reasons, even if the said individual has not served a full term of office:

Provided further that the Arbiter for Financial Services shall forfeit the right to a pension if he or she is removed from office in accordance with the provisions of Chapter VIII or Chapter VII, respectively, of the Constitution of Malta due to proved misbehaviour.