The Railway Pensions (Substitution) (Amendment) Order 2017
The Railway Pensions (Substitution) Order 1994 (S.I. 1994/2388) (“the 1994 Order”), the Railway Pensions (Substitution and Miscellaneous Provisions) Order 1995 (S.I. 1995/430) (“the 1995 Order”) and the Railway Pensions (Designation, Substitution and Miscellaneous Provisions) Order 2001 (S.I. 2001/2264) (“the 2001 Order”) terminated the liability of the Secretary of State to make payments under section 52(1) of the Transport Act 1980 (c. 34) in respect of an unfunded obligation for two sections of the Railways Pension Scheme, and instead substituted schedules of payments.
Lifecycle
Department
Made
15 Feb 2017
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In force
12 Mar 2017
Enabling power
The Secretary of State, in exercise of the powers conferred by sections 52B and 52D of the Transport Act 1980, and after consultation with the trustees of the guaranteed pension scheme to which this Order relates in accordance with section 52D(1) of that Act, makes the following Order:
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