{
  "url": "https://openlegislation.uk/british-railways-pension-schemes-unfunded-proportions-no-1-order-1981/note",
  "json_url": "https://openlegislation.uk/british-railways-pension-schemes-unfunded-proportions-no-1-order-1981/note.json",
  "legislation": "uksi/1981/346",
  "legislation_title": "The British Railways Pension Schemes (Unfunded Proportions) (No. 1) Order 1981",
  "legislation_url": "https://openlegislation.uk/british-railways-pension-schemes-unfunded-proportions-no-1-order-1981",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "Section 54 of the Transport Act 1980 requires the Secretary of State to determine what proportion of the relevant pension obligations defined in the Act of specified British Railways pension schemes has not been funded and before the end of the first financial year to confirm or vary that determination by Order. This Order determines the unfunded proportion of the relevant pension obligations of the British Railways (Wages Grades) Pension Fund and varies all previous determinations made in relation to that pension scheme.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1981/346/note",
    "retrieved_at": "2026-10-29T18:42:38.838263+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}