Article 6 Other supplementary provision

(1)

With effect from 1st April 1988 the Local Government Superannuation Regulations 1986 are amended—

(a)

by inserting after paragraph (7A) of regulation C1—

“(7B)

In relation to a pensionable employee of a body the greater part of whose area falls within the metropolitan county of South Yorkshire, the appropriate superannuation fund is the fund maintained by the South Yorkshire Pensions Authority.”;

(b)

in regulation C1(8), by substituting for the words “(1) to (6)” the words “(1) to (7B)”;

(c)

in regulation P1(1), by inserting after the words “district council” the words “or the South Yorkshire Pensions Authority”; and

(d)

in regulation P3(10), by inserting after the definition of “single holding”—

““statutory borrowing power” includes a power to borrow under an instrument made under a statute;”.

(2)

Without prejudice to the generality of article 5 (continuity of the exercise of functions)—

(a)

any admission agreement within the meaning of the Local Government Superannuation Regulations 1986 in force immediately before 1st April 1988 whereby employees of any body were, or could become, admitted employees participating in the benefits of the superannuation fund maintained under those Regulations by the Residuary Body shall be of full force and effect in favour of, or against, the Authority;

(b)

where a person has ceased to contribute to that fund and has not become a contributor to any other superannuation fund maintained under those Regulations, the transferred fund shall on and after 1st April 1988 be deemed to be the fund to which he was last a contributor; and

(c)

on and after 1st April 1988 the Authority is to be treated as being the previous fund authority for the purposes of Part Q of those Regulations in place of the Residuary Body.

(3)

Section 61(5) of the 1985 Act shall continue to have effect, so that no liability to reimburse the Authority in respect of any payment made by it shall attach to the Secretary of State, the Arts Council of Great Britain or the Historic Buildings and Monuments Commission for England where no liability to reimburse the Residuary Body would have attached to them if this Order had not been made and the payments concerned had been made by it; and paragraphs 64A and 64B of Schedule 2 to the Pensions (Increase) Act 1971^f1 shall continue to have effect as if pensions payable by the Authority were payable by the Residuary Body.

Annotations

Footnotes

f1: 1971 c. 56; paragraphs 64A and 64B of Schedule 2 were inserted by the Local Government Act 1985, section 61(2).