HC Deb 17 August 1911 vol 29 cc2132-3

In this Act unless the context otherwise requires—

The expression "the telephone purchase agreements" means certain indentures dated respectively the second day of February and the eighth day of August nineteen hundred and five and respectively made between the Right Honourable Edward George Villiers Stanley, C.B., commonly called Lord Stanley, His late Majesty's then Postmaster-General, on. behalf of His late Majesty, of the one part, and the National Telephone Company, Limited, of the other part:

The expression "the telephone purchase money" means such sums as may be payable to the company by virtue of any award or awards of the Railway and Canal Commission in respect of the purchase of the plant, property, and assets of the company which the Postmaster-General has agreed to purchase or has power to purchase under the purchase agreements together with interest from the thirty-first day of December nineteen hundred and eleven at the rate of three per cent, per annum on any amount thereof which is not discharged;

The expression "office" includes any place, situation, or employment; and the expression "officer" shall be construed accordingly;

The expression "transferred officer" means any officer of the Company who becomes an officer of the Post Office on or in consequence of the carrying into effect of the telephone purchase agreements, and the expressions "transfer" and "transferred" as respects an officer shall be construed accordingly;

The expression "pensionable office" means any office service in which is ser- vice qualifying the officer for a superannuation allowance under the Superannuation Acts, 1834 to 1909;

The expression "the Company's pension fund" means the pension fund established under the deed of trust creating a pension fund for the employés of the Rational Telephone Company, Limited, dated the thirtieth day of July eighteen hundred and ninety-six; and the expression "original member of the fund" means a person who is entitled under paragraph (a) of article two of the said deed of trust to a retiring pension at sixty-five years of age, equal to two-thirds of his salary as on the first day of January eighteen hundred and ninety-six.

Amendment made: In the paragraph beginning "The expression 'transferred officer'" leave out the words "becomes an officer of the Post Office" and insert instead thereof the words "is employed in the Civil Service of the State."

Bill reported with Amendments; read the third time, and passed.