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(1)The Authority may make such provision for the payment of pensions to or in respect of persons who have ceased to be the Mayor or an Assembly member—
(a)as the Authority may from time to time determine; or
(b)before the first determination, as the Secretary of State may direct.
(2)The provision which may be made under this section includes, in particular, provision for—
(a)the making of payments towards the provision of superannuation benefits;
(b)establishing and administering one or more schemes for the provision of such benefits;
(c)the making of such payments as are mentioned in paragraph (a) above to any scheme (whether or not established or administered by virtue of paragraph (b) above) of which the Mayor or an Assembly member may be or become a member.
(3)Different provision may be made under this section for different cases.
(4)The Authority’s function of determining the provision that may be made under subsection (1) above shall be a function of the Authority which is exercisable by the Mayor and the Assembly acting jointly on behalf of the Authority.
(5)The standing orders of the Assembly must include provision for the publication of every determination under this section.
(6)The Secretary of State shall publish any direction under this section as soon as is reasonably practicable after it is given.
(7)A determination or direction under this section shall not affect pensions in payment before the making of the determination or the giving of the direction.
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