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 ”.