The Railway Pensions (Substitution) Order 1994

Whereas the Secretary of State on 8th September 1994 gave a guarantee under paragraph 11 of Schedule 11 to the Railways Act 19931 in relation to the 1994 Pensioners “A” Section of the Railways Pension Scheme (defined in the following Order2), being a new scheme within the meaning of the said Schedule 11, which section includes the Paragraph 1 Section and the Paragraph 4 Section (defined in the following Order2), which sections are designated under paragraph 10(1) of that Schedule2;

And whereas the Secretary of State has laid before each House of Parliament a copy of such guarantee, in accordance with section 52D(3) of the Transport Act 19803;

And whereas the Secretary of State4 has consulted with the trustees of the Paragraph 1 Section and the Paragraph 4 Section in accordance with section 52D(1) of the Transport Act 1980;