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1.—(1) This Order shall come into operation on 11th October 1978, shall have effect from 6th April 1978 and may be cited as the British Railways Board (Winding up of Closed Pension Funds) Order 1978.
(2) In this Order, unless the context otherwise requires—
“the Act of 1975” means
“the Amalgamated Fund” means
“the Board” means
“friendly society” means
“guaranteed minimum pension”
“the G.W.R. Fund” means
“insurance company” means
“member” means
in relation to the Amalgamated Fund, a person who is, or at any time has been, a contributory member of that Fund and who is an actual or prospective beneficiary thereof,
in relation to the G.W.R. Fund, a person who, by reason of his own employment, is an actual or prospective beneficiary of that fund;
“minimum pension age” means
in relation to a member of the Amalgamated Fund—
where he is a member of the L.N.E.R. section of that fund—
if he became a member of the London and North Eastern Railway Superannuation Fund before 1st June 1957, the age of 60 (if a man) or of 55 (if a woman),
if he became a member of that Superannuation Fund on or after that date, the age of 62 (if a man) or of 57 (if a woman),
where he is a member of one of the other sections of that fund, the age of 60 (if a man) or of 55 (if a woman);
in relation to a member of the G.W.R. Fund—
where he is also, or has also been, a member of the Great Western Railway Enginemen and Firemen's Mutual Assurance, Sick and Superannuation Society, the age of 60,
where he is also, or has also been, a member of the Great Western Railway Pension Society, the age of 65;
“the persons administering”, in relation to a pension fund, means
“the requisite benefits”
“the service” means
“term”,
“winding up date”, in relation to a pension fund to which this Order applies, means
(3) A reference in this Order to any enactment shall be construed as a reference to that enactment as amended, extended or applied by or under any other enactment.
(4) The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.
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