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49.—(1) A pension or gratuity awarded to or in respect of any person may be administered by the Secretary of State if that person—
(a)has not attained the age of 18 years; or
(b)is, in the opinion of the Secretary of State, incapable of managing his own affairs by reason of mental infirmity; or
(c)is being maintained in an institution or hospital to which article 53 applies; or
(d)is a person in whose case the award can be forfeited under article 57
or if, in any other case, the Secretary of State considers that it is in the interests of that person that it should be so administered.
(2) A pension or gratuity which is being administered under this article may, in whole or in part as the Secretary of State thinks fit and at such times as he thinks fit—
(a)be applied for the benefit of the person to or in respect of whom it has been awarded (“the beneficiary”); or
(b)be paid to any person whom the Secretary of State considers a fit and proper person to apply the pension or gratuity for the benefit of the beneficiary.
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