115 Guarantee of pension liabilities under Telecommunications Act 1984
Digital Economy Act 2017 (2017 c 30) | Legislation

Guarantee of pension liabilities under Telecommunications Act 1984

115  Guarantee of pension liabilities under Telecommunications Act 1984

(1)     The Secretary of State may make regulations modifying or supplementing section 68 of the Telecommunications Act 1984 (liability of Secretary of State in respect of British Telecommunications public limited company's liabilities as successor for payment of pensions) in accordance with subsection (4).

(2)     Subsection (4) applies in relation to relevant employees of British Telecommunications public limited company (“BTplc”) becoming employees of another company (a “transferee”) in connection with any part of the undertaking of BTplc being transferred or outsourced (whether or not to the transferee).

(3)     Employees are relevant if the liability of BTplc for the payment of pensions which vested in it by virtue

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