The Management Committee with the assent of the Board shall...
- Appoint a qualified actuary to investigate pension fund finances every 5 years
UK Statutory Instrument
1970
United Kingdom
The British Transport (Amalgamation of Railways' Pension Funds) (No. 1) Order 1970
At a glance
What's here
2 compliance obligations
Who this Act binds
Plus 1 non-business duty on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Browse 35 other Schedules — structural / supplementary
The Management Committee shall consist of 16 persons, of whom...
The Board's committee-men shall be appointed by the Board from...
Two members' committee-men shall be appointed from time to time...
The Chairman of the Management Committee shall be one of...
The procedure of the Management Committee shall, subject to the...
Six members of the Management Committee (of whom not less...
The decision of the majority of the Management Committee present...
The Management Committee may exercise its powers during and notwithstanding...
Whenever it is necessary for the Management Committee to decide...
An Annual Meeting of members of the amalgamated fund shall...
(1) Each member present at a General Meeting shall have...
If a poll be taken, it shall be taken by...
A member may appoint any other member of the section...
The following shall be the form of an instrument of...
Every such instrument of proxy shall be valid until it...
The chairman of a General Meeting at which a quorum...
The declaration by the chairman of a General Meeting that...
Minutes of the proceedings of every General Meeting shall be...
The members in General Meeting shall have no powers except...
Any member desiring to move a resolution at the Annual...
An Extraordinary Meeting of members may from time to time...
The notice convening an Extraordinary Meeting shall specify the business...
(1) The Management Committee when convening any General Meeting shall...
The chairman of every General Meeting shall be the chairman...
(1) Twenty members shall form a quorum at a General...
(1) If within one hour from the time appointed for...
Every resolution moved at a General Meeting shall be decided...
(1) A Secretary of the amalgamated fund shall be appointed...
(1) The Auditors of the amalgamated fund shall be such...
The Medical Officer of the amalgamated fund shall be a...
The annual accounts of the amalgamated fund shall be prepared...
The annual accounts, together with a report thereon by the...
The appropriate Sectional Committee may in their discretion on the...
(1) The accounts shall be made up separately for each...
The accounts for the LNER section of the amalgamated fund...
Guarantee of solvency
Other duties (1) — Crown / regulator
- Make payments certified by the actuary to maintain pension fund solvency Crown / Minister / Government department
Browse 9 other sections — procedural / definitional / commencement
Commencement, citation and interpretation
Amalgamation of pension funds
Members and beneficiaries of the amalgamated fund
Application of existing statutory provisions
Investment
Management Committee
General meetings, officers, accounts
Management expenses
Protection against worsening of position
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