Transport Act 1980
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
50 Meaning of “the relevant pension obligations”.
(1) In section 49 “the relevant pension obligations” means, subject to subsection (2)— (a) any obligations of the successor company or a relevant subsidiary which were owed on 1st April 1975 (“the operative date”) in connection with any of the relevant pension schemes; and (b) where any such obligation is one to pay or secure the payment of pensions, any obligation of the successor company or a relevant subsidiary arising after the operative date to pay or secure the payment of increases of those pensions; and (c) any obligation of the successor company or a relevant subsidiary arising after the operative date to pay or secure the payment of increases payable under any of the relevant pension schemes, being increases of pensions payable under any other pension scheme established before that date (whether one of the relevant pension schemes or not); and (d) any obligation of the successor company or a relevant subsidiary which results from an amendment made to any of the relevant pension schemes by virtue of section 74 of the Transport Act 1962 after the operative date and before 1st January 1980. (2) The definition in subsection (1) does not include— (a) any obligation which, in relation to one of the relevant pension schemes, is a relevant pension obligation for the purposes of Part III; (b) any obligation to pay or secure the payment of increases of pensions in excess of increases payable on official pensions under the Pensions (Increase) Act 1971 and section 59 of the Social Security Pensions Act 1975; (c) any obligation to pay contributions in respect of current periods of employment of a member of a scheme; (d) any obligation to pay expenses incurred in connection with a scheme which is specifically imposed on the body by which it is owed; (e) any obligation owed by a body in their capacity as the trustees of a scheme or the persons administering a scheme; and (f) any obligation in respect of which the body by which it is owed have a right to indemnified by any other body. (3) In this section— “pension”, in relation to any of the relevant pension schemes, has the same meaning as in Part III; “the relevant pension schemes” has the same meaning as in section 49; “relevant subsidiary” means any subsidiary of the successor company other than National Carriers Limited and any subsidiary of National Carriers Limited; “subsidiary” has the same meaning as in the Transport Act 1962. (4) For the purposes of this section— (a) any increase in an obligation which results from an amendment made to a scheme after the operative date shall be treated as a separate obligation; and (b) where at any time, whether before or after the operative date, any pensions or increases payable under any of the relevant pension schemes are or have been paid by any person, that person shall be treated as being or having been under an obligation at that time to make those payments.
50 Meaning of “the relevant pension obligations”.
(1) In section 49 “the relevant pension obligations” means, subject to subsection (2)— (a) any obligations of the successor company or a relevant subsidiary which were owed on 1st April 1975 (“the operative date”) in connection with any of the relevant pension schemes; and (b) where any such obligation is one to pay or secure the payment of pensions, any obligation of the successor company or a relevant subsidiary arising after the operative date to pay or secure the payment of increases of those pensions; and (c) any obligation of the successor company or a relevant subsidiary arising after the operative date to pay or secure the payment of increases payable under any of the relevant pension schemes, being increases of pensions payable under any other pension scheme established before that date (whether one of the relevant pension schemes or not); and (d) any obligation of the successor company or a relevant subsidiary which results from an amendment made to any of the relevant pension schemes by virtue of section 74 of the Transport Act 1962 after the operative date and before 1st January 1980. (2) The definition in subsection (1) does not include— (a) any obligation which, in relation to one of the relevant pension schemes, is a relevant pension obligation for the purposes of Part III; (b) any obligation to pay or secure the payment of increases of pensions in excess of increases payable on official pensions under the Pensions (Increase) Act 1971 and section 59 of the Social Security Pensions Act 1975; (c) any obligation to pay contributions in respect of current periods of employment of a member of a scheme; (d) any obligation to pay expenses incurred in connection with a scheme which is specifically imposed on the body by which it is owed; (e) any obligation owed by a body in their capacity as the trustees of a scheme or the persons administering a scheme; and (f) any obligation in respect of which the body by which it is owed have a right to indemnified by any other body. (3) In this section— “pension”, in relation to any of the relevant pension schemes, has the same meaning as in Part III; “the relevant pension schemes” has the same meaning as in section 49; “relevant subsidiary” means any subsidiary of the successor company other than National Carriers Limited and any subsidiary of National Carriers Limited; “subsidiary” has the same meaning as in the Transport Act 1962. (4) For the purposes of this section— (a) any increase in an obligation which results from an amendment made to a scheme after the operative date shall be treated as a separate obligation; and (b) where at any time, whether before or after the operative date, any pensions or increases payable under any of the relevant pension schemes are or have been paid by any person, that person shall be treated as being or having been under an obligation at that time to make those payments.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.