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8(1)The Board may appoint such staff, and shall pay them such remuneration, as it may determine.
(2)The Board may, as regards any of its staff—
(a)pay to or in respect of them such pensions, allowances or gratuities, as it may determine; or
(b)provide and maintain for them such schemes (whether or not contributory) for the payment to or in respect of them of such pensions, allowances or gratuities, as it may determine.
(3)The references in sub-paragraph (2) to pensions, allowances or gratuities include references to pensions, allowances or gratuities by way of compensation to or in respect of any of the Board’s staff who suffer loss of employment or loss or diminution of emoluments.
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