Local schemesN.I.
10.—(1) The Ministry of DevelopmentF1 may make regulations providing for—
(a)the revocation of any local scheme administered by a local authority;
(b)the winding-up of any superannuation fund maintained under that scheme and the transfer of its assets and liabilities to such superannuation fund or scheme as may be specified in the regulations;
(c)the modification of any transferred provision for the purpose of securing that rights enjoyed by and in respect of the persons who were entitled to participate in the benefits of the local scheme which is revoked or of the superannuation fund which is to be wound up are preserved;
(d)such other consequential and incidental matters as appear to that Ministry to be necessary or expedient.
(2) In this Article “local scheme” in relation to a local authority means a superannuation scheme that applies only to that authority.
Modifications etc. (not altering text)
C1Arts. 9 10: transfer of functions (8.5.2016) by The Departments (Transfer of Functions) Order (Northern Ireland) 2016 (S.R. 2016/76), art. 1(2), Sch. 5 Pt. 1 (with art. 9(2))