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Paragraph 10 The Money Purchase Contracted-out Schemes Regulations 1987I1

England, Wales and Scotland Not yet in force

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

(1)

The Money Purchase Contracted-out Schemes Regulations 1987 shall be amended as follows—

(2)

In regulation 1(2)—

(a)

for the definitions of “the 1975 Act” and “the 1986 Act” substitute—

  • ““the Act” means the Pension Schemes Act 1993”;

(b)

for “the 1975 Act” substitute “the Act”.

(3)

In regulation 2(1)—

(a)

for “section 32(2A) of the 1975 Act”, “Schedule 1 to the 1986 Act modified under section 32(2B) of the 1975 Act” and “paragraphs 3 and 6 of Schedule 1 to the 1986 Act” substitute respectively “section 9(3) of the Act”, “sections 22 and 26 to 33 of the Act and such other requirements as may be prescribed” and “section 31(1) of the Act”;

(b)

omit “and such other requirements as may be prescribed”.

(4)

In regulation 3—

(a)

in paragraph (3)(a) for “section 30(1A)(a) of the 1975 Act” substitute “section 41(1)(a) of the Act”;

(b)

in paragraph (3)(b) for “section 30(1A)(b) of that Act” substitute “section 41(1)(b) ofthe Act”.

(5)

In regulation 4(1) for “section 30(1) and (1A) of the 1975 Act” substitute “section 8(1) of the Act”.

(6)

In regulation 5(1) for “section 30(1A) and (1B) of the 1975 Act” substitute “section 8(2) of the Act”.

(7)

In regulation 6—

(a)

in paragraph (1) for “section 32(2) of the 1975 Act” and “section 32(2A) of that Act” substitute respectively “section 9(2) of the Act” and “section 9(3) of the Act”;

(b)

in paragraph (2) for “section 32(2A) of that Act” and “section 32(2) of that Act” substitute respectively “section 9(3) of the Act” and “section 9(2) of the Act”.

Annotations

Commencement

I1

Sch. 2 para. 10 in force at 12.5.1994, see reg. 1(2)

Footnotes

f1

S.I. 1987/1101.