# The London Transport (Alteration of Wages Grades Pension Schemes) Order 1966, Article 5: Consequential provisions as respects the 1966 and the 1954 Schemes


(1) Where under the foregoing provisions of this Order a person ceases to be a member of a pension scheme to which this Order applies, such cessation shall be without prejudice to the obligation of that person to pay any outstanding contributions to that scheme in respect of any period before such cessation and to the right of the Board to deduct such contributions from his emoluments.
(2) Where under the foregoing provisions of this Order a person ceases to be a member of a pension scheme to which this Order applies and in his application for membership of the New Fund he has agreed to forego, on becoming a member of the New Fund, any rights which he may have to benefit from that pension scheme, then those rights shall terminate with the cessation of his membership of that scheme.

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Source: https://www.legislation.gov.uk/uksi/1966/1556/article/5 (the official version)
Page: https://openlegislation.uk/london-transport-alteration-of-wages-grades-pension-schemes-order-1966/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.