The Pensions (Governors of Dominions, etc.) Order 1950
Where pensioners are resident in countries in which sterling now has reduced exchange value, their local income assumes notionally enhanced value in terms of sterling; it is, however, of no additional value to the pensioner. These Regulations are designed to prevent the reduction or exclusion of a claim to pensions increase on this account, by enabling the Treasury to direct that, for the purpose of assessing the pensioner’s means, his income in local currency is to be valued on the basis of ...