Article 5 Additional Undertakings—Transfer of powers and duties

Subject to paragraph (2) of this Article and to Article 7 below, all the powers and duties which immediately before 1st April 1974 were the powers and duties conferred or imposed on an operating authority by or under any Act for the purposes of or in connection with an additional undertaking shall on that date be transferred to and become powers and duties of the Executive.

Paragraph (1) above shall not apply in relation to the powers and duties of an operating authority as respects the provision of superannuation or other pension benefits for or in respect of persons who are or have been employed by them.