[F138A Power of Board to establish additional pensions scheme for clerks.E
(1)The Board shall have power to establish, administer or participate with others in the administration of a pensions scheme for the benefit of clerks and their widows, widowers and dependants and may, in conjunction with the exercise of those powers, acquire and hold property, whether real or personal, either alone or jointly with others.
(2)The scheme established under this section shall be supplementary to the [F2the past service scheme and the funded scheme] and nothing in the scheme so established shall be taken as affecting any provisions of the [F3those schemes].
(3)The Commissioners shall have power to make out of their general fund payments of such amounts as are required by the scheme established under this section to be paid by the employer of a clerk.]
Textual Amendments
F1S. 38A inserted by S.I. 1988/2239, reg. 2
F2Words in s. 38A(2) substituted (1.1.1998) by 1997 No. 1, s. 10(1), Sch. 1 Pt. I para. 11(a); Instrument dated 28.11.1997 made by Archbishops of Canterbury and York
F3Words in s. 38A(2) substituted (1.1.1998) by 1997 No. 1, s. 10(1), Sch. 1 Pt. I para. 11(b); Instrument dated 28.11.1997 made by Archbishops of Canterbury and York