SECTION 4 LGPS BULK TRANSFER TERMS

Where this alternative Clause 26 drafting is used, the following provisions should be added to Schedule Part 24:

SECTION 4

LGPS BULK TRANSFER TERMS

The provisions of this Section 4 (i) of Schedule Part 24 (i) shall apply in relation to each Employee Transfer during the term of this Agreement which affects Pensionable Authority Employees. In relation to each such Employee Transfer the provisions of this Section 4 (LGPS Bulk Transfer Terms) of Schedule Part 24 (Employment and Pensions) shall apply save that [Sub-hubco/Project Co] and the Authority (both acting reasonably) shall agree such amendments to the provisions of this Section 4 (LGPS Bulk Transfer Terms) of Schedule Part 24 (Employment and Pensions) as are required to reflect the specifics of the transfer in terms of details of the Administering Authority's Actuary, the Funds, the Due Date and Actuary's Letter, the matters identified herein and any comments from the Administering Authority.