§ EXTENDED PENSION PROVISION FOR MEMBERS OF
Lords amendment: No. 85, after clause 56 insert—
., In paragraph 8 of Schedule 1 to the Transport Act 1962 (salaries, pensions etc. of members of Boards of nationalised transport industries), in sub-paragraph (1)(b) (Minister may determine pensions to be paid on the retirement or death n)f members of Boards), for the words "on the retirement or death" there shall be substituted the words "in the case".
§ Mrs. Chalker
Both the amendments are technical. They are designed to rectify a problem which has come to light in connection with a procedure for contracting pension arrangements made for board members in the transport industries under schedule 1 of the Transport Act 1962 out of the State pension scheme. The amendments would not extend pension rights to any board member who did not enjoy them under existing legislation. They would simply remove an anomaly and bring the provisions of the 1962 Act into line with those of more recent legislation applying to the pensions of board members. I commend the amendments to the House.
§ Lords amendment agreed to.