{
  "url": "https://openlegislation.uk/railway-pensions-transfer-and-miscellaneous-provisions-order-1994/schedule-5/paragraph-7",
  "json_url": "https://openlegislation.uk/railway-pensions-transfer-and-miscellaneous-provisions-order-1994/schedule-5/paragraph-7.json",
  "legislation": "uksi/1994/2005",
  "legislation_title": "The Railway Pensions (Transfer and Miscellaneous Provisions) Order 1994",
  "legislation_url": "https://openlegislation.uk/railway-pensions-transfer-and-miscellaneous-provisions-order-1994",
  "path": "schedule/5/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "(1) The benefit of the proportion of the relevant pension obligations specified in sub-paragraph (2) of this paragraph shall be transferred so that those obligations become, to the extent of that proportion, relevant pension obligations owed by the Board to the persons administering the Railways Pension Scheme, to the extent that the benefit of such obligations is not transferred by article 2 of this Order.\n(2) The proportion referred to in sub-paragraph (1) of this paragraph is the proportion of those relevant pension obligations (as determined for the purposes of section 52(1)(a) of the Transport Act 1980) which has not been funded, which obligations are immediately before 1st October 1994 owed by the Board in respect of the pension rights transferred by article 2 of this Order to the persons administering the B.R. pension scheme from which such pension rights are so transferred.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1994/2005/schedule/5/paragraph/7",
    "retrieved_at": "2026-10-29T13:28:33.001078+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}