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Clergy Pensions Measure 1961

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Version Superseded: 01/05/2003

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20 Clergy (Widows and Dependants) Pensions Augmentation Fund. E

(1)The Board shall continue to administer the Clergy (Widows and Dependants) Pensions Augmentation Fund established under the M1Clergy Pensions Measure 1948 and shall pay into that fund any testamentary or other gifts made to the Board:—

(a)for the relief of poverty in the case of any widow [F1widower], child or dependant of a deceased clerk; or

(b)for the provision of homes of residence for the widows [F1widowers] and dependants of deceased clerks in accordance with the provisions of section twenty-six of this Measure;

and, subject to any conditions imposed by the testators or other donors, the Board may at their discretion apply the fund or any part thereof for those purposes.

(2)The Board shall pay into a separate account of the said fund any sums received from a diocese for the relief of poverty in the case of any widow [F2widower] or dependant of a deceased clerk, and the Board shall hold any such sums on behalf of the diocese by whom they were paid and shall add to those sums interest, at such rate as the Board may from time to time determine, on any amount held by the Board for that diocese under this subsection for a calendar year.

(3)The Board shall pay out of the said account any payments required to be made by them for the said purpose by a diocese, not exceeding in aggregate the total of the sums paid to them by that diocese together with any interest payable thereon under the last foregoing subsection.

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