Electricity Act 1957

12 Notwithstanding any amendment by this Act of subsection (6) of section three of the principal Act (which relates to the remuneration and pensions of members of the Central Authority and of Area Boards),—

(a) the provisions of that subsection (except so much of those provisions as requires the payments thereunder to be made by the Central Authority) shall continue on and after the vesting date to have effect in relation to persons who were members of the Central Authority at any time before the vesting date, other than persons to whom compensation becomes payable by virtue of subsection (1) of section twenty-seven of this Act;

(b) any liability arising by virtue of the said subsection (6) (in so far as that subsection has effect in accordance with the preceding sub-paragraph) to pay any pension on or after the vesting date to or in respect of persons who were members of the Central Authority shall be treated for the purposes of section twenty-six of this Act as if it had been a liability of the Central Authority subsisting immediately before the vesting date.