The Transport Act 2000 (Civil Aviation Authority Pension Scheme) Order 2001

11. SCHEDULE OF CONTRIBUTIONS AND PAYMENT OF EXPENSES

11.1  The Actuary shall certify the sum or sums (inclusive of any ordinary contributions of Members) required from time to time to enable the Trustees to maintain the CAA Section and provide the Intended Benefits under the CAA Section. The Trustees shall arrange for written notice to be given to the Employers in the CAA Section specifying the proportions of such sum or sums certified to be applicable to their respective employees and the instalments (if any) by which the Trustees require the same to be paid.

11.2  The Trustees shall maintain a schedule of contributions in accordance with section 58 of the Pensions Act 1995 showing the rates of contributions payable to the CAA Section and the dates on or before which such contributions are to be paid. The information shown on the schedule of contributions shall have been previously agreed between the Trustees and the Employers and shall be made available to those persons or bodies entitled to receive it in the circumstances and in the manner specified in the Disclosure Regulations.

11.3  Each Employer shall pay the amounts required under Rule 11.1 and Rule 11.2 above on or before the date or dates set out in the schedule of contributions referred to above and shall, unless otherwise agreed with any of the Members, forward any voluntary contributions of the Members who are their respective employees and any additional amounts which the Actuary shall determine to be necessary, to make provision for any augmented or additional benefits granted in accordance with the provisions of Rule 12.

11.4  Each Employer may also, subject to the consent of the Trustees and the Sponsoring Section Employer, pay to the Trustees to form part of the Section Assets at any time such additional sum or sums as such Employer shall at its discretion decide, provided always that this would not prejudice the continued approval of the Scheme as an exempt approved scheme for the purposes of Chapter 1 of Part XIV of the Taxes Act.

11.5  The Trustees shall pay all costs charges and expenses incurred in connection with the establishment, administration and management of the CAA Section out of the Section Assets unless the Sponsoring Section Employer determine that these should be paid by the Employers, in which event they shall be paid by the Employers in such proportions as the Trustees shall on the advice of the Actuary determine. Costs, charges and expenses not attributable solely to the CAA Section shall be dealt with in accordance with Clause 13, provided that any such amounts which consist of professional or other charges (as referred to in Clause 16.1) of the Trustees who are Employers' Trustees shall be paid by the Sponsoring Section Employer to whom they are recognised as being most closely associated.