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Regulation 1 Citation, commencement and interpretation

Original text. Later amendments are not shown.

(1)

These Regulations may be cited as the Shipbuilding Industry (Pension Schemes) Regulations 1978 and shall come into operation on 20th March 1978.

(2)

In these Regulations—

  • “the Act” means the Aircraft and Shipbuilding Industries Act 1977;

  • “actuary” has the meaning assigned to it by regulation 2 below;

  • “the Corporation” means British Shipbuilders;

  • “the Corporation's part”, “divided pension scheme” and “the holding company's part” have the meanings respectively assigned to them by regulation 2 below;

(3)

The Interpretation Act 1889 shall apply for the interpretation of these Regulations as it applies for the interpretation of an Act of Parliament.