SCHEDULES

SCHEDULE 14Strategic Rail Authority

Part IMembers and staff

Staff

5

1

The Authority may, in particular—

a

pay such pensions, allowances or gratuities as it may determine to or in respect of persons who are or have been employees of the Authority,

b

make such payments as it may determine towards provision for the payment of pensions, allowances or gratuities to or in respect of such persons, or

c

provide and maintain such schemes (whether contributory or not) as it may determine for the payment of pensions, allowances or gratuities to or in respect of such persons.

2

References in sub-paragraph (1) to pensions, allowances or gratuities include pensions, allowances or gratuities by way of compensation in respect of loss of employment or loss or diminution of emoluments.