# The National Freight Corporation (Central Trust) (Amendment) Order 1980, Note: Explanatory note


This Order transfers to the NFC (1978) Pension Fund responsibility for the payment of certain supplemental pensions which are at present paid, or due to be paid, by the National Freight Corporation out of revenue. The rights of the recipients and potential recipients of these pensions are preserved and provision is made to protect them against any possible worsening of their position.
The Order also deletes provisions in the Trust Deed constituting the NFC (1978) Pension Fund which restrict pension schemes and arrangements which can be brought within the Fund to schemes and arrangements which could have been prescribed under section 19 of the Transport Act 1978.

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Source: https://www.legislation.gov.uk/uksi/1980/657/note (the official version)
Page: https://openlegislation.uk/national-freight-corporation-central-trust-amendment-order-1980/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.