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Written question asked by Lord Shepherd (Labour), in the House of Lords. It was due for an answer on Tuesday, 27 July 1993. It was answered by Earl of Caithness (Conservative) on Tuesday, 27 July 1993.


Caithness, RtHonEarl

Question
Why under Memorandum of Understanding the govt director should "decided on investment of special reserve" rather than any surpluses going back into general fund & why he or she should have a veto over distribution of any surplus.

Secondary information

Type
Written question
Reference
548 c103WA
Session
1992-93
Subjects
Directors British Rail Workplace pensions Pension funds Surpluses