# Railways Act 2005, Paragraph 4


(1) The PC may—
(a) pay such pensions, allowances or gratuities as it may determine to or in respect of persons who are or have been employees of the PC;
(b) make such payments as it may determine towards provision for the payment of pensions, allowances or gratuities to or in respect of such persons; or
(c) provide and maintain such schemes (whether contributory or not) as it may determine for the payment of pensions, allowance or gratuities to or in respect of such persons.
(2) The pensions, allowances or gratuities referred to in sub-paragraph (1) include pensions, allowances or gratuities by way of compensation in respect of loss of employment or loss or diminution of emoluments.

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Source: https://www.legislation.gov.uk/ukpga/2005/14/schedule/5/paragraph/4 (the official version)
Page: https://openlegislation.uk/railways-act-2005/schedule-5/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.