# The British Railways Board (Pension Funds Investment Provisions) Order 1977, Article 3: Power of Board to act by officers or by Committee


(1) In the exercise of any of their functions as the persons administering a pension fund to which this Order applies the Board may—
(a) act by their proper officers,
(b) from time to time delegate the exercise of any of their duties, powers or discretions as the persons administering the fund to a Committee appointed by the Board.
(2) Any such Committee as is mentioned in paragraph (1) above may consist wholly of members of the Board or wholly of other persons or partly of such members and partly of other persons.
(3) Where in relation to a pension fund the Board avail themselves of a facility given by paragraph (1) above, they shall be liable to the members of, and the beneficiaries in, the fund for the acts and omissions of the Board's proper officers, or of the Committee, as the case may be, to the same extent as if such acts and omissions had been acts and omissions of the Board themselves.

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Source: https://www.legislation.gov.uk/uksi/1977/699/article/3 (the official version)
Page: https://openlegislation.uk/british-railways-board-pension-funds-investment-provisions-order-1977/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.