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The Scottish Transport Group (Pension Schemes) Order 1996
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- 1996 No. 1900 (S. 152)
- Article 6
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Transfer of Liability or Obligation
6.—(1) Any liability or obligation of the Trustees under the terms of the Staff Pension Fund or the Transport Operatives Pension Scheme shall, following the transfer of any balance of funds in accordance with article 5(3), be transferred by virtue of this Order to Scottish Bus Group and shall become its liability or obligation.
(2) Any liability or obligation transferred in accordance with paragraph (1) shall be dealt with by Scottish Bus Group in terms of the Scottish Bus Group Disposal Programme referred to in article 5(3).
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