The Iron and Steel (Pension Schemes) (Amendment) Regulations 1972

• Citation: S.I. 1972/1826
• Sections: 3

Section 1

(1) These regulations may be cited as the Iron and Steel (Pension Schemes) (Amendment) Regulations 1972 and shall come into operation on 29th December 1972.

(2) In these regulations “ the principal regulations ” means the Iron and Steel (Pension Schemes) Regulations 1967 as amended .

(3) The Interpretation Act 1889 shall apply to the interpretation of these regulations as it applies to the interpretation of an Act of Parliament.

Section 2

Regulation 2 of the principal regulations is further amended by adding the following paragraph thereto:—

(3) Nothing in the Truck Acts 1831 to 1940 shall prevent the deduction of a contribution due from any officer of the Corporation under a pension scheme established by the Corporation from the wages or remuneration of that officer or render invalid any provision therefor under such a scheme; and for the purposes of the Shop Clubs Act 1902 no such scheme shall be deemed to constitute a shop club or thrift fund within the meaning of that Act.

Section 3

Paragraphs (2) and (3) of regulation 3 of the principal regulations are further amended by substituting for the words “the 28th July 1972” the words “the 31st December 1972” .