# The Railway Pensions (Designation, Substitution and Miscellaneous Provisions) Order 2001, Article 4: Termination dates and determination of unfunded obligations


(1) The date which, for the purposes of section 52B of the Transport Act 1980, is to be the termination date in relation to the Article 2 Section is 13th August 2001, and the liability of the Secretary of State to make to the persons administering the Article 2 Section payments under section 52(1) of the Transport Act 1980 in relation to that section shall not continue after that date.
(2) As at the termination date in relation to the Article 2 Section, the capital value of the unfunded obligations in the case of that section is £18,052,000, such amount having been determined by the Secretary of State.
(3) The date which, for the purposes of section 52B of the Transport Act 1980, is to be the termination date in relation to the Article 3 Section is 13th August 2001, and the liability of the Secretary of State to make to the persons administering the Article 3 Section payments under section 52(1) of the Transport Act 1980 in relation to that section shall not continue after that date.
(4) As at the termination date in relation to the Article 3 Section, the capital value of the unfunded obligations in the case of that section is £114,000, such amount having been determined by the Secretary of State.

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Source: https://www.legislation.gov.uk/uksi/2001/2264/article/4 (the official version)
Page: https://openlegislation.uk/railway-pensions-designation-substitution-and-miscellaneous-provisions-order-2001/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.