Provision of additional benefits

In force

STC may enter into a contract or an arrangement under section 53 with any person—

(a)

for the insurance by that person, or the arranging of insurance by that person (on an individual or a group basis), of members of an STC scheme for the purpose of paying death or invalidity benefits (not being benefits based on past service) to or in respect of them, or

(b)

for the management of a scheme, carried out by or on behalf of that person, for the purpose of paying any such benefits to or in respect of any such members.

This Act’s bill:Explanatory memorandum Second reading speech

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65 Provision of additional benefits