9(1)The Commission shall in the case of such of their employees as they may with the approval of the Secretary of State and the Minister determine,—
(a)pay such pension to or in respect of them;
(b)make such payments towards the provision of such pensions; or
(c)provide and maintain such schemes (whether contributory or not) for the payment of such pensions,
as they may with the approval of the Secretary of State and the Minister determine.
(2)In this paragraph any reference to the payment of pensions to or in respect of the Commission’s employees includes a reference to the payment of pensions by way of compensation to or in respect of any of the Commission’s employees who suffer loss of office or employment or loss or diminution of emoluments.