26(1)An NHS trust may, for or in respect of such of its employees as it may determine, make arrangements for providing pensions, allowances or gratuities.E+W
(2)Such arrangements may include the establishment and administration, by the NHS trust or otherwise, of one or more pension schemes.
(3)The reference in sub-paragraph (1) to pensions, allowances or gratuities to or in respect of employees of an NHS trust includes a reference to pensions, allowances or gratuities by way of compensation to or in respect of any of the NHS trust's employees who suffer loss of office or employment or loss or diminution of emoluments.
(4)This paragraph does not affect the generality of paragraphs 14 and 25.