The National Freight Corporation (Central Trust) (Amendment) Order 1980

Interpretation

2.  In this Order—

“the Central Trust” means the trust constituted by a deed made on the 8th August 1978 between the Corporation and NFC Trustees Ltd. for establishing a central fund for the purposes of receiving, holding, investing and applying payments made under section 19 of the Transport Act 1978 (which made provision for the funding of the Corporation's obligations to its pension schemes) and other payments made and assets transferred in connection with the Corporation's pension schemes and “the Central Trust deed” means that deed;

“the Corporation” means the National Freight Corporation;

“the listed schemes” means the schemes for the payment of the specific pensions or other benefits listed in the new appendix (which are schemes for the provision of supplemental pensions to certain employees or former employees of the Corporation or of subsidiary companies of the Corporation and to the widows of those employees or former employees);

“the new appendix” means the Schedule (headed “Appendix 2A”) to the Trust Deed made on 16th April 1980 between the National Freight Corporation and NFC Trustees Ltd. (being a Trust Deed supplemental to the Central Trust deed);

“the persons administering”, in relation to a pension scheme, means the persons responsible for administering the scheme under the terms applicable thereto, and includes the trustees (if any) of the scheme;

“term”, in relation to a pension scheme to which this Order applies, includes any rule or provision of the scheme, or of any statutory provision relating to the scheme, or of any deed or other instrument made for the purposes of the scheme; and

“the trustees of the Central Trust” means the trustees for the time being of the Central Trust.