The Transport Act 2000 (Civil Aviation Authority Pension Scheme) Order 2001

Citation and commencement

1.  This Order may be cited as the Transport Act 2000 (Civil Aviation Authority Pension Scheme) Order 2001 and shall come into force on 31st March 2001.

Interpretation

2.—(1) In this Order—

“the new provisions” means the provisions set out in Schedule 1 to this Order;

“the relevant allocation” means the allocation of assets, rights, liabilities and obligations between different sections of the Scheme in accordance with the new provisions;

“the date of the relevant disposal” means the date of disposal by the Civil Aviation Authority to National Air Traffic Services (No.2) Limited of the shares it holds in National Air Traffic Services Limited;

“the Scheme” means the Civil Aviation Authority Pension Scheme; and

“the trust deed of the Scheme” means the trust deed dated 18th March 1998 and made between the Civil Aviation Authority and Anthony Leonard Cowell, Anthony George Marx, David Reginald Hobday, Robert Brian Page, Leslie William Priestley, Rupert John Britton, Graham Paul Lee, Frederick Anthony Michael Motture, Barry Robert Gibbs and Anthony Gavin Herron as amended by the deeds referred to in Schedule 2 to this Order.

(2) The date of the relevant disposal shall be published by the Civil Aviation Authority in its Official Record.

Allocation

3.  The trustees of the Scheme shall make the relevant allocation on the date of the relevant disposal.

Amendment of the Scheme

4.  The new provisions shall be substituted for the provisions of the trust deed of the Scheme on the date of the relevant disposal.

Signed by authority of the Secretary of State for the Environment Transport and the Regions

Bob Ainsworth

Parliamentary Under-Secretary of State,

Department of the Environment, Transport and the Regions

5th March 2001