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SCHEDULES

SEVENTH SCHEDULEU.K. Transitional Provisions

Part V U.K.

Pensions and other payments to members of the CommissionU.K.

23(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1U.K.

(2)The Minister may after the vesting date with the approval of the Treasury make any such determination with respect to the payment by the Railways Board of any pension in respect of a member of the Commission as he might have made under paragraph (b) of subsection (7) of section one of the M1Transport Act 1947, before the vesting date for the making of a payment by the Commission.

(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

24U.K.The London Board, the Docks Board, the British Waterways Board and the Holding Company shall pay to the Railways Board such amounts as may be just having regard to the liabilities assumed by the Railways Board under the last foregoing paragraph, and any dispute as to what ought to be paid under this paragraph shall be referred to and determined by the Minister.