Pensions (Increase) Act, 1964

Increase of scheduled (Part IV) pensions.

14.—(1) The harbour authority who granted a scheduled (Part IV) pension, being a pension which was in course of payment in whole or in part on the 1st day of August, 1962, may grant one increase (and no more) of the pension, and the increase shall be an increase to such extent as may be sanctioned by the Minister for Transport and Power, or is in accordance with an approval which is applicable to the pension and which has been given by that Minister in respect of a class of such pensions.

(2) In giving a sanction or approval under this section the Minister for Transport and Power shall have regard to the provisions of the other sections of this Act with respect to increase of pensions.