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(1)The powers conferred on the Admiralty by section twenty of the [28 & 29 Vict. c. 89.] Greenwich Hospital Act, 1865, as extended by section eight of the [35 & 36 Vict. c. 67.] Greenwich Hospital Act, 1872, shall extend and be deemed always to have extended so as to include power—
(a)to grant from the funds of Greenwich Hospital such pensions or pecuniary benefits as the Admiralty think fit to persons employed for the purposes of Greenwich Hospital, or to their legal personal representatives, widows or dependants; and
(b)to contribute towards "the payment by any other authority or person of pensions or pecuniary benefits to persons who have been employed as aforesaid, or to their legal personal representatives, widows or dependants.
(2)The said powers shall, in the case of persons who retire after the passing of this Act from such employment as aforesaid, also extend so as to include power to permit the allocation, to such extent and subject to such conditions as the Admiralty may prescribe, to the spouses and dependants of any such persons of pensions granted to them from the funds of Greenwich Hospital.
(3)The said section twenty, as extended by the said section eight and by the foregoing provisions of this section, shall have effect as if the words " (subject to the approval of Her Majesty in Council) " were omitted therefrom.
(4)The powers conferred by this section shall be in addition to and not in derogation of any existing power exercisable by the Admiralty under the Greenwich Hospital Acts, 1865 to 1921.
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