The London Transport (Alteration of Wages Grades Pension Schemes) Order 1966

Type Statutory-Instrument
Publication 1966-12-07
State In force
Department Westlaw
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Made: 7th December 1966

Laid before Parliament: 19th December 1966

Coming into Operation: 31st December 1966

The Minister of Transport, in exercise of her powers under section 74 of the Transport Act 1962 and of all other enabling powers, hereby makes the following Order:—

Commencement, Citation and Interpretation

1

Application of Order

2

Alterations in the Terms of the 1966 Scheme

3

and any such person shall be ineligible for membership of Section A of the 1966 Scheme.

and any such person shall be ineligible for membership of Section B of the 1966 Scheme.

Alterations in the Terms of the 1954 Scheme

4

Consequential provisions as respects the 1966 and the 1954 Schemes

5

Signed

Sealed with the Official Seal of the Minister of Transport the 7th December 1966.

Barbara Castle — The Minister of Transport

Explanatory note

EXPLANATORY NOTE

This Order provides for the termination of membership of the London Transport (Male Wages Grades) Pension Scheme and the British Transport Commission (Male Wages Grades) Pension Scheme and of the rights to benefit under those Schemes of those members, in the service of the London Transport Board, who opt to join the London Transport Pension Fund. The Order also provides for the removal of the obligation for new entrants to the Board's service to join the London Transport (Male Wages Grades) Pension Scheme.

Footnotes

[^f00001]: (1966 III, p. 2789).

[^f00002]: (1954 I, p. 175).

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