SCHEDULES

SCHEDULE 24Transitional and transitory provisions and savings

2Pensions etc. of former Directors

In the case of any such person who has held the office of the Director as may be determined by the Secretary of State with the approval of the Minister for the Civil Service—

a

such pension, allowance or gratuity shall be paid to or in respect of him on his retirement or death, or

b

such contributions or payments shall be paid towards provision for such a pension, allowance or gratuity,

as may be so determined.