SCHEDULES
SCHEDULE 27 Minor and consequential amendments about railways
Transport Act 1980 (c.34)
I112
1
Section 53 (meaning of “relevant pension obligations”) is amended as follows.
2
In subsection (1)—
a
for “Board which were owed” substitute “
Authority which were owed by the Board
”
, and
b
for “Board arising after the operative date” (in both places) substitute “
Authority which arose as an obligation of the Board after the operative date or was never an obligation of the Board
”
.
3
In subsection (4), for “Board” (in each place) substitute “
Authority
”
.