# The Statutory Water Undertakers (Pension Schemes) Order 1974, Article 5: Date before which option may be exercised


(1) In this article—
“entitled employee” means a person—
(a) who is in the employment of a statutory water company on 31st March 1974, and
(b) who intends to remain in the employment of such a company after that date, and
(c) for whom on that date superannuation arrangements will be in operation;
“relevant terms of transfer”, in relation to an entitled employee, means a statement in writing, furnished to him by the statutory water company by whom he is employed, and setting out details of the rights and obligations which would be applicable to him if he were to become a member of the standard water company scheme.
(2) The date prescribed for the purposes of section 27(3)(c) (that is to say, the date before which an entitled employee may opt that the standard water company scheme shall not apply to him) shall be, in relation to any entitled employee, the day immediately after the expiration of a period of three months beginning with the date on which he receives the relevant terms of transfer from the statutory water company by whom he is employed.

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Source: https://www.legislation.gov.uk/uksi/1974/525/article/5 (the official version)
Page: https://openlegislation.uk/statutory-water-undertakers-pension-schemes-order-1974/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.