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Paragraph 1 Introductory

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

This Schedule applies for the purposes of determining the amount of an annual payment or of an initial payment payable to or in respect of qualifying members of qualifying pension schemes.

(2)

In this Schedule—

  • F1“appropriate person” has the meaning given by regulation 2(1) of the FAS Information and Payments Regulations (interpretation);

  • F2...

  • F3...

  • F4...

  • ...

  • ...

  • F5...

  • “guaranteed minimum pension” has the meaning given in section 8(2) of the 1993 Act;

  • “relevant information” means any information—

    1. (a)

      that is described in any of paragraphs (j) to (l) of the fourth item of the table in paragraph 1(2) of Schedule 1 to the FAS Information and Payments Regulations (information to be provided by appropriate persons);

    2. (b)

      that is to be provided by an appropriate person to the scheme manager in accordance with regulation 3(3)(a) of those Regulations; and

    3. (c)

      from which the amount of the actual pension or interim pension of a qualifying member, or of a survivor of a qualifying member, may be derived;

  • F6“revalued notional pension” shall be construed in accordance with regulation 17(10).

  • F7...

(3)

F8Paragraphs 2 to 5B are subject to paragraphs 6 to 9.

F9(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

Textual amendments

F1

Words in Sch. 2 para. 1(2) inserted (24.11.2005) by The Financial Assistance Scheme (Modifications and Miscellaneous Amendments) Regulations 2005 (S.I. 2005/3256), regs. 1(1), 4(6)(a)(ii)

F2

Words in Sch. 2 para. 1(2) omitted (17.7.2008) by virtue of The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/1903), regs. 1, 14(a)

F3

Words in Sch. 2 para. 1(2) omitted (10.7.2009) by virtue of The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 (S.I. 2009/1851), regs. 1, 19(a) (with reg. 37)

F4

Words in Sch. 2 para. 1(2) omitted (19.12.2007) by virtue of The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2007 (S.I. 2007/3581), regs. 1(1), 7(1)

F5

Words in Sch. 2 para. 1(2) omitted (16.12.2006) by virtue of The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/3370), regs. 1(1), 7(1)(a)

F6

Words in Sch. 2 para. 1(2) inserted (2.4.2010) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2010 (S.I. 2010/1149), regs. 1, 16(a)(ii)

F7

Words in Sch. 2 para. 1(2) omitted (2.4.2010) by virtue of The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2010 (S.I. 2010/1149), regs. 1, 16(a)(i)

F8

Words in Sch. 2 para. 1(3) substituted (10.7.2009) by The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 (S.I. 2009/1851), regs. 1, 19(b) (with reg. 37)

F9

Sch. 2 para. 1(4)(5) omitted (4.6.2008) by virtue of The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2008 (S.I. 2008/1432), regs. 1, 7(3) (with reg. 8)