The Railways Pension Scheme Order 1994 No. 1433

THE SCHEDULE PENSION TRUST OF THE RAILWAYS PENSION SCHEME

All Participating Employers in a Section cease to Participate

10C  If all Participating Employers in a Section cease to Participate, Clause 11 (Winding–up a Section where all Participating Employers cease to Participate) shall apply except where all the Participating Employers are franchise operators when Clause 8C shall apply.