# The Iron and Steel (Pension Schemes) Regulations 1971, Note: Explanatory note


These regulations make it unnecessary for the British Steel Corporation either to obtain the approval of the Secretary of State to a pension scheme providing benefits for employees in the nationalised steel industry or to obtain his approval before participating in a pension scheme established by some other person in order to provide such benefits.

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Source: https://www.legislation.gov.uk/uksi/1971/916/note (the official version)
Page: https://openlegislation.uk/iron-and-steel-pension-schemes-regulations-1971/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.