411 Pensions

411 Ìý±Ê±ð²Ô²õ¾±´Ç²Ô²õ

(1)     A Minister of the Crown may by order make provision with respect to the provision of pensions for or in respect of persons who are or have been employees of, or of subsidiaries of,—

(a)     any of the bodies or persons falling within subsection (2) of section 408 above;

(b)     any of the bodies or persons falling within subsection (3) of that section; or

(c)     any body or person whose undertaking, or part of whose undertaking, has been transferred by or under any enactment to a body or person falling within paragraph (b) above.

(2)     The provision that may be made by virtue of subsection (1) above includes provision for or in connection with—

(a)     the establishment of pension schemes or pension funds;

(b)     the administration or management of pension schemes or pension funds;

(c)     enabling persons to participate, or continue to participate, in any pension scheme and requiring their employers to make contributions under that scheme;

(d)     the rates, or the variation of the rates, of contributions to be made under any pension

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