Regulation 3 Responsibility for contributions

(1)

Immediately prior to the transfer date, each Board^f1 shall be liable (to the exclusion of every other Board) for the contributions and payments to the Pension Scheme in respect of or in relation to each of the Members^f2 (including Special Members^f3 and persons entitled to Frozen Benefits) and Former Members who is or at the date he ceased to be in Service was–

(i)

the Employee of that Board;

(ii)

in respect of each Area Board, an officer of the Consultative Council established for the area of that Board;

(iii)

in respect of the Council, an officer of the Electricity Consumers' Council; or

(iv)

any other person for whom the Board shall have assumed that liability under the Electricity Act 1989 or under any scheme made in relation to any transfer to be effected by that Act.

(2)

Prior to the transfer date, the Council shall exercise its powers under the Pension Scheme to adopt provisions to take effect on the transfer date for the purpose of determining the Group Assets^f4 to be attributed to each Board in respect of all persons for which the Board shall have assumed liability under paragraph (1) or for which an Employer may assume liability in respect of a person joining the Pension Scheme thereafter, including provisions relating to management and administration.

Annotations

Footnotes

f1: This word is defined in clause 46 of the Pension Scheme, as amended by the Electricity Supply Pension Scheme (Eligible Persons) Regulations 1990 (S.I. 1990/164), regulation 11(2) and Part II of the Schedule.
f2: This word is defined in clause 46 of the Pension Scheme.
f3: These words and phrases are defined in clause 46 of the Pension Scheme.
f4: Definitions of these expressions are inserted into clause 46 of the Pension Scheme by these Regulations (see Part I of the Schedule).