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14(1)SNH shall, in the case of such of its employees or former employees as it may, with the approval of the Secretary of State given with the consent of the Treasury, determine—
(a)pay such pensions, allowances or gratuities to or in respect of those employees;
(b)make such payments towards provision of such pensions, allowances or gratuities; or
(c)provide and maintain such schemes (whether contributory or not) for the payment of such pensions allowances or gratuities,
as it may, with the approval of the Secretary of State given with the consent of the Treasury, determine.
(2)The reference in sub-paragraph (1) above to pensions, allowances or gratuities in respect of employees of SNH includes a reference to pensions, allowances or gratuities by way of compensation to or in respect of any such employee who suffers loss of office or employment.
(3)If an employee of SNH becomes a member of SNH and was by reference to his employment by SNH a participant in a pension scheme established and administered by it for the benefit of its employees—
(a)SNH may determine that his service as a member shall be treated for the purposes of the scheme as service as an employee of SNH whether or not any benefits are to be payable to or in respect of him by virtue of paragraph 11 above; but
(b)if SNH determines as aforesaid, any discretion as to the benefits payable to or in respect of him which the scheme confers on SNH shall be exercised only with the consent of the Secretary of State given with the approval of the Treasury.
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