Cap. 93 Art. 3President may make pension regulations.

(1) It shall be lawful for the President of Malta, from time to time to make, and when made, to vary and revoke regulations for the granting of pensions, gratuities and other allowances to persons who have been in the service of Malta or to their legal representatives or dependants:

Provided that until varied or revoked by any such regulations, the regulations contained in the Schedule shall be in force.

(2) The said regulations and any regulations varying or revoking the same as aforesaid, shall have the same force and effect for all purposes as if they were contained in this Ordinance, and the in order to confer a benefit upon, or remove a disability attaching to any person or class of persons, that regulation may be given retrospective effect for that purpose.

(4) No regulation made under this article shall have effect unless it has received the prior approval of the House of Representatives signified by resolution.

(5) Any pension or gratuity granted under this Ordinance shall be computed in accordance with the provisions in force at the actual date of an officer’s retirement.