SCHEDULE 15 The Scottish Pension Schemes
Electricity Act 1989 (1989 c 29) | Legislation

SCHEDULE 15 The Scottish Pension Schemes

Section 105

Power to amend schemes

1

(1)     The Secretary of State may make regulations amending the Hydroboard Superannuation Fund (in this Schedule referred to as “the North Schemeâ€) and the South of Scotland Electricity Board's Superannuation Scheme (in this Schedule referred to as “the South Schemeâ€) for any of the following purposes, namely—

(a)     for enabling members, former members and existing employees of the Scottish Boards to participate in or acquire pension rights under the North Scheme or the South Scheme on such terms and conditions as may be prescribed;

(b)     for requiring any persons to make payments to the trustees of the schemes in such circumstances as may be prescribed;

(c)     for enabling either scheme, or both schemes, to be wound up (in whole or in part) in such circumstances as may be prescribed; and

(d)     for securing that the schemes continue to be [registered or] approved for the purposes of the relevant enactments notwithstanding the transfers made by this Act and the repeal by this Act of section 37 of the Electricity (Scotland) Act 1979.

(2)     Without prejudice to the generality of paragraph (c) of sub-paragraph (1) above, regulations

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