The British Transport (Southern Railway Superannuation Fund) Order 1970

Made: 8th January 1970

Laid before Parliament: 20th January 1970

Coming into Operation: 21st January 1970

The Minister of Transport makes this Order in exercise of his powers under section 74 of the Transport Act 1962, as read with section 136 of the Transport Act 1968, and of all other enabling powers:—

1

• (1) This Order shall come into operation on the 21st January 1970, and may be cited as the British Transport (Southern Railway Superannuation Fund) Order 1970.

• (2) The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.

2

• (1) Notwithstanding the limits imposed by section 3 of the Southern Railway (Superannuation Fund) Act 1927 (as amended by sections 4 and 5 of the Southern Railway (Superannuation Fund) Act 1941, on the alterations which can be made to the rules of the pension fund established by the said Act of 1927, it shall be lawful for the said rules to be altered from time to time in accordance with the relevant provisions thereof so as to enable provision to be made for the payment from the said pension fund, with the agreement of the member concerned and the consent of the British Railways Board, of annuities payable during the joint lives of any member of the said pension fund and his wife or other dependant relative of his and during the life of the survivor of them, in lieu of any annuity or any other benefit to which the said member would otherwise be entitled under the said rules.

• (2) Nothing in this Order shall affect the application of Article 17 of the British Transport Reorganisation (Pensions of Employees) (No. 3) Order 1962[^f00001] (which relates to the payment of pensions by the authorities referred to in that Order) to any such alteration of the rules of the said pension fund as is mentioned in paragraph (1) of this Article.

Signed

Sealed with the Official Seal of the Minister of Transport the 8th January 1970.

Fred Mulley — Minister of Transport

Explanatory note

EXPLANATORY NOTE

This Order enables the rules of the pension fund established under the Southern Railway (Superannuation Fund) Act 1927 (as amended by the Southern Railway (Superannuation Fund) Act 1941) to be altered from time to time so as to permit payment from the fund, with the agreement of the member and the British Railways Board, of annuities payable during the joint lives of the member and his wife or other dependant relative and during the life of the survivor of them, in lieu of any annuity or other benefit to which the member would otherwise be entitled under the rules.

Footnotes

[^f00001]: (1962 III, p. 3866).