Electricity (Supply) (Amendment) Act, 1961
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Increase of certain other pensions. |
15.—(1) This section applies to a pension which was granted before the 1st day of July, 1957, and which is determined otherwise than as a proportion of the remuneration of the person concerned. | |
(2) A pension to which this section applies may, if the Board think fit, be increased from and inclusive of the 1st day of August, 1959, by such amount as the Board think proper having regard to all the circumstances but subject to the limitation that the increase shall not exceed— | ||
(a) 6 per cent., in the case of a pension in respect of service which ended before the 14th day of March, 1948, and | ||
(b) 4 per cent., in the case of a pension in respect of service which ended on or after the 14th day of March, 1948, and before the 1st day of July, 1957. | ||
(3) A pension to which this section applies, as increased under subsection (2) of this section, may, if the Board think fit, be increased in respect of any period commencing on or after the 1st day of August, 1960, by such amount as the Board think proper having regard to all the circumstances but subject to the limitation that the increase shall not exceed— | ||
(a) 7 ½ per cent., in the case of a pension in respect of service which ended before the 14th day of March, 1948, and | ||
(b) 5 per cent., in the case of a pension in respect of service which ended on or after the 14th day of March, 1948, and before the 1st day of July, 1957. | ||
(4) An increase of pension under this section or under section 13 or section 14 of this Act shall be payable only during the life of the person to whom it was granted. |