SCHEDULES

SCHEDULE 27 Minor and consequential amendments about railways

Transport Act 1980 (c.34)

I19

Part III of the Transport Act 1980 (railway pensions) has effect subject to the following amendments.

I210

In section 52A(13) (provisions for final discharge of Secretary of State not to affect liability of Board in respect of relevant pension obligations), for “Board” substitute “ Authority ”.

I311

In section 52B(10) (provisions for substitution order not to affect liability of Board in respect of relevant pension obligations), for “Board” substitute “ Authority ”.

I412

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 ”.

I513

In section 60(1) (interpretation), before the definition of “the Board” insert—

“the Authority” means the Strategic Rail Authority;