1. This Order may be cited as the British Transport (Alteration of Pension Schemes) (Amendment) Order 1988 and shall come into force on 29th June 1988.

2. The British Transport (Alteration of Pension Schemes) Order 1969(3) shall be amended so that-

(a)for paragraph 8 of the Schedule thereto there shall be substituted the following paragraph-

"8. In any units, or other shares of the investments subject to the trusts of an authorised unit trust scheme within the meaning of the Financial Services Act 1986(b)"; and

(b)for footnote (b) to that Schedule there shall be substituted "1986 c. 60".

Explanatory Note

(This note is not part of the Order)

This Order amends the British Transport (Alteration of Pension Schemes) Order 1969 to relate the powers of investment in respect of the London and North Eastern Railway Superannuation Fund in unit trusts to the relevant provisions of the Financial Services Act 1986.