§
Lords amendment: No. 22, in page 15, line 31, at beginning insert—
(""pension" and "pension scheme" mean the same as in the 1962 Act and")
§ Mr. HoramI beg to move, That this House doth agree with the Lords in the said amendment.
This amendment provides for the definition of "pension" and pension scheme in section 92(1) of the Transport Act 1962 to apply for the interpretation of the clauses of the Bill—clauses 16 and 17—which provide for funding NFC's historic pension liabilities. These are the 166 definitions which apply for the interpretation of corresponding provisions of the Railways Act 1974. The amendment is needed to ensure that the funding schemes for the NFC and British Railways Board schemes are on a consistent basis.
§ Question put and agreed to.
§ Lords amendment no. 23 disagreed to.