Article 2 Interpretation

In this Order—

• “1974 Fund” means the B.R. (1974) Pension Fund;

• “Schedule 11” means Schedule 11 to the Railways Act 1993;

• “transfer date” means the date on which this Order comes into force;

• “transferee scheme” means the 1994 Pensioners Section of the Railways Pension Scheme;

• “transferor scheme” means any one of the following schemes and “transferor schemes” means all of such schemes—

  1. (a)

     the 1974 Fund;

  2. (b)

     The London and North Western Railway Provident Society for providing pensions for widows and orphans of the salaried staff;

  3. (c)

     Great Western Railway Supplemental Pensions Reserve Fund;

  4. (d)

     The Great Western Railway Salaried Staff Widows’ and Orphans’ Pension Society;

  5. (e)

     The Great Northern Railway Superannuation Fund;

  6. (f)

     Great Western Railway Inspectors and Foremen’s Special Pension Fund;

  7. (g)

     The Southern Railway (South Eastern and Chatham Section) Enginemen & Motormen’s Pension Fund Society ^f1.

• “transferring member” means a person who immediately before the transfer date—

  1. (a)

     has pension rights under a transferor scheme; but

  2. (b)

     does not include persons who have pension rights under the 1974 Fund unless that person also has pension rights under at least one of the other transferor schemes; and

• “transferring members” means all such members.