OpenLegislation

Regulation 40 Establishment of active member’s accountI1

England and Wales

(1)

The scheme manager must establish a pension account for a member who is in pensionable service from the day on which the member begins pensionable service.

(2)

For the purposes of these Regulations, an account established under paragraph (1) is called an active member’s account.

Annotations

Commencement

I1

Reg. 40 in force at 1.4.2015, see reg. 1(2)