Regulation 2 Amendment of Regulations

by the omission from regulation 2 of the definition of“preserved” and of the word“and” immediately preceding that definition;

by the omission from paragraph (3) of regulation 4 of the words–“which is not a preserved pension”; and

by the substitution for regulation 5 of the following regulation–

“5

(1)

Subject to paragraph (2), all liabilities of the Thames Water Authority to pay any pension to, or in respect of, a person who has at any time been an officer or servant of–

(a)

the Conservators of the River Thames; or

(b)

the Lee Conservancy Catchment Board,

being liabilities which would, but for the 1989 Act, fall to be discharged by that Authority on or after the transfer date, shall on that date become liabilities of the successor company to that authority.

(2)

Paragraph (1) shall not apply to any liability relating to the payment of a pension to, or in respect of, a person, who–

(a)

has at any time been an officer or servant of the Lee Conservancy Catchment Board; and

(b)

on the transfer date becomes an employee of the National Rivers Authority;

and any such liability shall become a liability of that Authority.”.