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The Transport Act 2000 (Civil Aviation Authority Pension Scheme) Order 2001

S.I. 2001/853 · Made 5 March 2001

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CIVIL AVIATION

Made 5th March 2001

Laid before Parliament 9th March 2001

Coming into force 31st March 2001

Whereas the Secretary of State for the Environment, Transport and the Regions has consulted the trustees of the Civil Aviation Authority Pension Scheme as required by section 103(12) of the Transport Act 2000f1;

Now, therefore, in exercise of the powers conferred by section 96(1) and (2) and 103(2) of that Act he hereby makes the following Order:

Annotations to the whole text

Footnotes

f1

2000 c. 38.

Contents

  1. 1Citation and commencement
  2. 2Interpretation
  3. 3Allocation
  4. 4Amendment of the Scheme
  5. Signature
  6. Schedule 1: The New Provisions
  7. Part: THE TRUST DEED
  8. GOVERNING PROVISIONS
  9. 1.1Paragraph 1.1
  10. 1.2Paragraph 1.2
  11. 1.3Paragraph 1.3
  12. INTERPRETATION
  13. 2.1Paragraph 2.1
  14. 2.2Paragraph 2.2
  15. 2.3Paragraph 2.3
  16. 2.4Paragraph 2.4
  17. 2.5Paragraph 2.5
  18. THE CAA AND NATS SECTIONS
  19. 3.1Paragraph 3.1
  20. 3.2Paragraph 3.2
  21. 3.3Paragraph 3.3
  22. THE FUND AND ALLOCATION OF SECTION ASSETS
  23. 4.1Paragraph 4.1
  24. 4.2Paragraph 4.2
  25. 4.3Paragraph 4.3
  26. 4.4Paragraph 4.4
  27. APPOINTMENT, RESIGNATION AND REMOVAL OF TRUSTEES
  28. 5.1Paragraph 5.1
  29. 5.2Paragraph 5.2
  30. 5.3Paragraph 5.3
  31. 5.4Paragraph 5.4
  32. 5.5Paragraph 5.5
  33. 5.6Paragraph 5.6
  34. 5.7Paragraph 5.7
  35. 5.8Paragraph 5.8
  36. 5.9Paragraph 5.9
  37. 5.10Paragraph 5.10
  38. 5.11Paragraph 5.11
  39. 5.12Paragraph 5.12
  40. PROCEEDINGS OF THE TRUSTEES
  41. 6.1Paragraph 6.1
  42. 6.2Paragraph 6.2
  43. 6.3Paragraph 6.3
  44. 6.4Paragraph 6.4
  45. 6.5Paragraph 6.5
  46. 6.6Paragraph 6.6
  47. 6.7Paragraph 6.7
  48. 6.8Paragraph 6.8
  49. POOLED FUNDS AND SECTION STRATEGIC ASSET ALLOCATION COMMITTEES
  50. 7.1Paragraph 7.1
  51. 7.2Paragraph 7.2
  52. 7.3Paragraph 7.3
  53. 7.4Paragraph 7.4
  54. 7.5Paragraph 7.5
  55. 7.6Paragraph 7.6
  56. 7.7Paragraph 7.7
  57. 7.8Paragraph 7.8
  58. TRUSTEES' DUTIES AND GENERAL POWERS
  59. 8.1Paragraph 8.1
  60. 8.2Paragraph 8.2
  61. 8.3Paragraph 8.3
  62. 8.4Paragraph 8.4
  63. 8.5Paragraph 8.5
  64. 8.6Paragraph 8.6
  65. 8.7Paragraph 8.7
  66. 8.8Paragraph 8.8
  67. 8.9Paragraph 8.9
  68. 8.10Paragraph 8.10
  69. 8.11Paragraph 8.11
  70. 8.12Paragraph 8.12
  71. SCHEME SECRETARY
  72. 9.1Paragraph 9.1
  73. AUDITOR AND ACCOUNTS
  74. 10.1Paragraph 10.1
  75. 10.2Paragraph 10.2
  76. 10.3Paragraph 10.3
  77. 10.4Paragraph 10.4
  78. 10.5Paragraph 10.5
  79. 10.6Paragraph 10.6
  80. 10.7Paragraph 10.7
  81. APPOINTMENT OF ACTUARY
  82. 11.1Paragraph 11.1
  83. 11.2Paragraph 11.2
  84. ACTUARIAL VALUATION
  85. 12.1Paragraph 12.1
  86. 12.2Paragraph 12.2
  87. 12.3Paragraph 12.3
  88. 12.4Paragraph 12.4
  89. EXPENSES
  90. 13.1Paragraph 13.1
  91. 13.2Paragraph 13.2
  92. APPOINTMENT AND DUTIES OF FUND MANAGERS AND CUSTODIANS
  93. 14.1Paragraph 14.1
  94. 14.2Paragraph 14.2
  95. 14.3Paragraph 14.3
  96. 14.4Paragraph 14.4
  97. POWERS OF INVESTMENT AND OTHER TRANSACTIONS
  98. 15.1Paragraph 15.1
  99. 15.2Paragraph 15.2
  100. 15.3Paragraph 15.3
  101. 15.4Paragraph 15.4
  102. 15.5Paragraph 15.5
  103. 15.6Paragraph 15.6
  104. 15.7Power to Borrow
  105. TRUSTEES' ENTITLEMENTS
  106. 16.1Paragraph 16.1
  107. 16.2Paragraph 16.2
  108. POWER OF AMENDMENT
  109. 17.1Paragraph 17.1
  110. 17.2Paragraph 17.2
  111. 17.3Paragraph 17.3
  112. 17.4Paragraph 17.4
  113. 17.5Paragraph 17.5
  114. LIABILITY OF TRUSTEES
  115. 18.1Paragraph 18.1
  116. 18.2Trustee indemnity
  117. 18.3Trustee indemnity
  118. 18.4Trustee indemnity
  119. 18.5Trustee indemnity
  120. 18.6Trustee indemnity
  121. 18.7Trustee insurance
  122. ESTABLISHING NEW SECTIONS
  123. 19.1Paragraph 19.1
  124. 19.2Paragraph 19.2
  125. CHANGE OF PRINCIPAL EMPLOYER
  126. 20.1Paragraph 20.1
  127. 20.2Paragraph 20.2
  128. 20.3Paragraph 20.3
  129. INSOLVENCY: POWERS OF INDEPENDENT TRUSTEES
  130. 21Paragraph 21
  131. 1—DEFINITIONSAppendix 1—DEFINITIONS
  132. 2—RULES OF THE CAA SECTIONAppendix 2—RULES OF THE CAA SECTION
  133. 3—RULES OF THE NATS SECTIONAppendix 3—RULES OF THE NATS SECTION
  134. 4INLAND REVENUE LIMITS
  135. 5CONTRACTING-OUT
  136. 6METHOD FOR ALLOCATING THE ASSETS AND LIABILITIES OF THE SCHEME TO THE CAA SECTION AND THE NATS SECTION
  137. Schedule 2: Deeds amending the trust deed of the Scheme
  138. 1Paragraph 1
  139. 2Paragraph 2
  140. 3Paragraph 3
  141. Explanatory note