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This is the original version (as it was originally enacted).
(1)The Corporation shall, in the case of such of its employees as it may determine.—
(a)pay such pensions to or in respect of them ;
(b)make such payments towards the provision of such pensions; or
(c)establish and maintain such schemes (whether contributory or not) for the payment of such pensions,
as it may determine.
(2)Where a person participating in a scheme under this section as an employee of the Corporation becomes a member of the Corporation—
(a)he may be treated for the purposes of the scheme as if his service as a member were service as an employee; and
(b)his rights under the scheme shall not be affected by paragraph 5(1)(b) of Schedule 1.
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