5(1)Section 16 is without prejudice to any personal right or liability of any person who held the office of the Rail Regulator.
(2)In particular, the Secretary of State may continue to make payments in accordance with arrangements made before commencement for or in respect of a pension for a person who held the office of the Rail Regulator.
(3)The Secretary of State may pay compensation to the last person who held the office of the Rail Regulator.