Regulation 19 Pension funds and appropriate fund authorities

(1)

The funds which are appropriate pension funds for the old provisions immediately before the commencement date shall continue to be appropriate pension funds for those provisions and shall be the appropriate funds for the 1997 regulations.

(2)

Without prejudice to paragraph (1), any liabilities under the old provisions, as they continue to apply by virtue of these Regulations, shall continue to be payable by the appropriate administering authority from the fund which is the appropriate pension fund as respects those liabilities immediately before that date.

(3)

Where immediately before that date any body is or may become liable to make payments to any such authority or to any pension fund in respect of any liability arising under the old provisions in respect of any person, liabilities in respect of whom continue to arise on or after that date under those provisions, that body shall continue to be the body which is or may become so liable.

(4)

But where, by virtue of Section B of the Table in Part III of Schedule 5 to the 1997 regulations, on the commencement date—

(a)

a fund ceases for any purpose to be the appropriate pension fund, and

(b)

does not become the appropriate fund for that purpose under the 1997 regulations,

then for paragraphs (1) to (3)—

(i)

the fund which is the appropriate fund under that Section shall be treated as having been the appropriate pension fund immediately before that date, and

(ii)

accordingly the authority maintaining that fund shall be treated as having then been the appropriate fund authority for that purpose.