# Pensions Act 2004, Paragraph 5


The Regulator may—
(a) pay to or in respect of any person who is or has been a non-executive member such pension, allowances or gratuities as the Secretary of State may determine, or
(b) make such payments as the Secretary of State may determine towards provision for the payment of a pension, allowance or gratuity to or in respect of such a person.

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Source: https://www.legislation.gov.uk/ukpga/2004/35/schedule/1/paragraph/5 (the official version)
Page: https://openlegislation.uk/pensions-act-2004/schedule-1/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.