11 Transfer of naval pensions of men maintained.U.K.
The naval pensions of such non-commissioned officers and men as are for the time being maintained in or at the expense of Greenwich Hospital shall not be paid to them individually, but so much of the money annually provided and appropriated by Parliament for naval pensions as would be applicable to the payment of the naval pensions of those officers and men shall be paid into the Bank of England under the direction of the Admiralty to the cash account of Her Majesty’s Paymaster General, who shall carry the same to the Greenwich Hospital income account.