Subject to the provisions of this Act, any fund established under trusts subject to the laws of Great Britain, in connection with an undertaking or combination of undertakings carried on wholly or partly in Great Britain, being a fund of which the main purpose is either—
(a)the provision of superannuation allowances on retirement to persons employed in the undertaking or combination of undertakings in connection with which the fund is established; or
(b)the provision of pensions during widowhood to the widows of persons who are or have been so employed and of periodical allowances to or in respect of children of such persons; or
(c)the assurance of capital sums on the death of persons who have been so employed,
shall be qualified for registration under this Act if the rules of the fund comply with the requirements set out in the Schedule to this Act.]
Textual Amendments
F1S. 2 repealed (prosp.) by Social Security Act 1973 (c. 38), s. 101(2), Sch. 28 Pt. I
Modifications etc. (not altering text)
C1S. 2: power to continue conferred (1.7.1992) by Social Security (Consequential Provisions) Act 1992 (c. 6), ss. 5, 7(2), Sch. 3 Pt. II para.15