# The Occupational Pension Schemes (Deficiency on Winding Up etc.) Amendment Regulations 1996

S.I. 1996/5 · made 4 January 1996

These Regulations amend the Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1994.

Made under: Pension Schemes Act 1993 (Section 144, Section 181, Section 182, Section 183)

## Introductory text

PENSIONS
Made 4th January 1996
Laid before Parliament 11th January 1996
Coming into force 1st February 1996
The Secretary of State for Social Security, in exercise of his powers under sections 144(5), 181(1), 182(2) and (3) and 183(3) of the Pension Schemes Act 1993 and of all other powers enabling him in that behalf, the Occupational Pensions Board having agreed that the proposal to make these Regulations need not be referred to them, hereby makes the following Regulations:

## 1 Citation and commencement

These Regulations may be cited as the Occupational Pension Schemes (Deficiency on Winding Up etc.) Amendment Regulations 1996 and shall come into force on 1st February 1996.

## 2 Amendment of regulation 2 of the Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1994

In Regulation 2(1) of the Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1994, for the words “1st October 1993” there shall be substituted the words “1st February 1996”.

## Signature

Signed by authority of the Secretary of State for Social Security.
A. J. B. Mitchell
Parliamentary Under-Secretary of State,
Department of Social Security
4th January 1996

## Explanatory note

(This note is not part of the Regulations)
These Regulations amend the Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1994.
Regulation 2 provides for the calculation of scheme assets and liabilities to be made in accordance with a revised edition of Guidance Note GN 19 published by the Institute of Actuaries and the Faculty of Actuaries and coming into effect on 1st February 1996.
These Regulations do not impose any new costs on businesses.

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Source: https://www.legislation.gov.uk/uksi/1996/5 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-deficiency-on-winding-up-etc-amendment-regulations-1996
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.