Introductory text

Draft Regulations laid before Parliament under sections 119(4) and 131(1) of the Pension Schemes Act 2026 (c. 22), for approval by resolution of each House of Parliament.

PENSIONS

Made ***

Coming into force in accordance with regulation 1(b)

The Secretary of State makes these Regulations in exercise of the powers conferred by sections 116 and 130(2) and (3) of the Pension Schemes Act 2026^f1 (“the 2026 Act”).

In accordance with section 119(2) of the 2026 Act, these Regulations are made with the consent of the Treasury.

In accordance with section 119(1)(b) of the 2026 Act, the Secretary of State has consulted the trustee company^f2.

A draft of this instrument has been laid before, and approved by a resolution of, each House of Parliament in accordance with sections 119(4) and 131(1) of the 2026 Act.