Continuity for certain other pension schemes
7.—(1) Where—
(a)a person (a “relevant employee”) is an employee or former employee of—
(i)CCLRC or PPARC; or
(ii)another Research Council or government department whose activities were taken over by CCLRC or PPARC,
(each “a relevant employer”); and
(b)in consequence of such employment or former employment, a person other than the relevant employee’s relevant employer (a “relevant third party”) has acquired or incurred rights against, or liabilities or obligations to, a relevant employee, under a pension scheme or similar arrangement in respect of the relevant employee,
the relevant third party shall remain entitled or subject to those rights, liabilities or obligations, notwithstanding the transfer of other rights, liabilities or obligations in respect of the relevant employee to STFC.
(2) Where CCLRC or PPARC has rights against, or liabilities or obligations to, a relevant third party, those rights, liabilities or obligations are, or (where Article 4(1) or (3) applies) shall be, transferred to STFC.