SCHEDULE 24 Transitional and Transitory Provisions and Savings
Enterprise Act 2002 (2002 c 40) | Legislation

SCHEDULE 24 Transitional and Transitory Provisions and Savings

Section 276

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1

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Pensions etc of former Directors

2

In the case of any such person who has held the office of the Director as may be determined by the Secretary of State with the approval of the Minister for the Civil Service—

(a)     such pension, allowance or gratuity shall be paid to or in respect of him on his retirement or death, or

(b)     such contributions or payments shall be paid towards provision for such a pension, allowance or gratuity,

as may be so determined.

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3

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4

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5

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Effect of transfers under section 2

6

(1)     In this paragraph—

“commencement†means the commencement of section 2(1);

“transferred†means transferred by section 2(1).

(2)     Anything which—

(a)     has been done by or in relation to the Director for the purposes of or in connection with anything transferred; and

(b)     is in effect immediately before commencement,

shall be treated as if done by or in relation to the OFT.

(3)     Anything (including legal proceedings) which—

(a)     relates to anything transferred;

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