Transport Act 2000

This section has no associated Explanatory Notes

12(1)Section 53 (meaning of “relevant pension obligations”) is amended as follows.U.K.

(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 ”.

Commencement Information

I1Sch. 27 para. 12 wholly in force at 1.2.2001, see s. 275(1)(2) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)