# The London Authorities (Superannuation) Order 1965, Paragraph 4


The apportionment fraction of a sum certified by the actuary to be equivalent in value to the aggregate of the future payments of annual charges and liabilities referred to in sub-paragraph (c) of paragraph 2 of this schedule shall be paid out of the paying authority's fund to the receiving authority by annual payments of such amount including interest as the actuary shall determine, and over a period determined by the actuary to be the mean residuary period for which such future payments are payable.

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Source: https://www.legislation.gov.uk/uksi/1965/621/schedule/4/paragraph/4 (the official version)
Page: https://openlegislation.uk/london-authorities-superannuation-order-1965/schedule-4/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.