# The Railways Pension Scheme Order 1994, Paragraph 11B: Expenses and Sums Due


The Trustee shall first pay all sums due before the Participating Employers ceased to participate in the Section, including lump sums in respect of those Members who participated in the Section and who have died within 2 years before the Participating Employers ceased to participate in the Section. The Trustee shall then set aside sufficient assets to pay the expenses of the winding–up. The Trustee shall then use the rest of the Section Assets as described below.

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Source: https://www.legislation.gov.uk/uksi/1994/1433/schedule/paragraph/11B (the official version)
Page: https://openlegislation.uk/railways-pension-scheme-order-1994/schedule/paragraph-11B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.