8The Secretary of State may, with the consent of the Treasury, determine to pay in respect of a person’s office as chairman, deputy chairman or member (other than the chief executive) of Scottish Homes—
(a)such pension, allowance or gratuity to, or in respect of, that person on his retirement or death as may be so determined; or
(b)such contribution or other payments towards provision for such pension, allowance or gratuity as may be so determined.