Schedule 14 | The Electricity Supply Pension Scheme | Electricity Act 1989 C29

SCHEDULE 14 The Electricity Supply Pension Scheme

Electricity Act 1989 (1989 c 29) | Legislation

SCHEDULE 14 The Electricity Supply Pension Scheme

Section 104 Power to amend scheme

(1) The Secretary of State may make regulations amending the Electricity Supply Pension Scheme (in this Schedule referred to as “the scheme”) for any of the following purposes, namely—

(a) for enabling the following persons to participate in or acquire pension rights under the scheme on such terms and conditions as may be prescribed, namely—

(i) members and former members of existing bodies;

(ii) officers and former officers of the Electricity Consumers' Council; and

(iii) persons (other than successor companies) whose participation in the scheme will not prejudice its [registration or] approval for the purposes of the relevant enactments, and employees of such persons;

(b) for requiring any persons (including persons not participating in the scheme) to make payments to the trustees of the scheme in such circumstances as may be prescribed;

(c) for requiring or enabling any functions exercisable under the scheme by existing bodies to be exercisable by such persons, and in such circumstances, as may be prescribed;

(d) for enabling the scheme to be wound up (in whole or in part) in such circumstances as may be prescribed; and

(e)