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Lords Amendment: In page 85, line 40, leave out Clause 74 and insert new Clause "D":
D.—(1) In the Local Government Superannuation Act 1937—
'The council of a London borough.
The Greater London Council.'
(2) For the purpose of the making before 1st April 1965 under section 2 of the said Act of 1937 of a combination scheme to come into force on or after that date, the Greater London Council or a London borough council shall be deemed to be an administering authority notwithstanding that they are not for the time being required to maintain a superannuation fund under Part I of that Act.
(3) Notwithstanding anything in section 4 of the said Act of 1937 (which relates to the funds to which contributions are payable) if in the case of any contributory employee or class of contributory employees of the Greater London Council or a London borough council it appears to the Minister expedient so to do, the Minister may by order, which shall be subject to annulment in pursuance of a resolution of either House of Parliament, provide that for the purposes of that Act the appropriate superannuation fund in relation to that employee or class shall be such fund as may be specified in or determined under the order; and any such order may make such incidental, consequential, transitional or supplementary provision as pay appear to the Minister to be necessary or proper for the purposes or in consequence of the order and for giving full effect thereto.
§ Mr. CorfieldI beg to move. That this House doth agree with the Lords in the said Amendment.
The main purpose of this Amendment is to give to the Greater London Council and each of the London borough councils the choice whether to maintain their own superannuation funds under the 1937 Act or to combine by negotiation with other authorities to create joint funds. The original proposal was that there should be a single very large fund for the Greater London area but that was not very popular with the authorities concerned and this restores the position.
§ Question put and agreed to. [Special Entry.]