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Presidential Establishment Act, 1938

Grant of pensions to ex-Presidents.

3.—(1) A pension at the rate of twelve hundred pounds per annum shall be granted by the Government to every person who, having held the office of President, ceases to hold that office for any reason other than death or removal from office under section 10 of Article 12 of the Constitution.

(2) A person to whom a pension has been granted under this section shall not be granted another pension under this section on account of any subsequent service in the office of President.

(3) Every pension granted to a person under this section shall be charged upon and payable out of the Central Fund or the growing produce thereof to the said person during his life from the date of the cesser of office on account of which such pension is granted.