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Regulation 5 Transfer of pension liabilities

Original text. Later amendments are not shown.

All pension liabilities of the National Water Council except—

(a)

liabilities transferred by the Local Government Superannuation (National Water Council Dissolution) Regulations 1983, and

(b)

liabilities transferred by virtue of the Pensions Increase (Local Authorities' etc. Pensions) (Amendment) Regulations 1983,

are transferred to the pension authority and shall become liabilities of that authority.