This Act may be called the Uttar Pradesh LegislativeAssembly Speakers Pension Act, 1974.
2. (1) Subject to the provisions of this section, every person who ceases to hold office as Speaker of the Uttar Pradesh Legislative Assembly, either by the expiration of his term of office or by resignation of his office,after having attained the age of not less than sixty eight years and having held the office of Speaker for not less than ten years (including any period before the commencement of this Act), shall be entitled to a pension of three hundred rupees per month and assistance allowance of one hundred and fifty rupees per month and, subject to any orders of the State Government in this behalf, also to medical attendance and treatment free of charge, for the remainder of his life.
The provisions of section 2 shall apply to the person who held office as the speaker of the Fifth Vidhan Sabha until March 18, 1974, as they apply to any person who ceases to hold office as Speaker after the commencement of this Act .
Any sum payable under this Act shall be charged on the Consolidated Fund of the State.