Paragraph 10

(1)

The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000 M1 are amended as follows.

(2)

In regulation 1(2) (interpretation), after the definition of “the 1999 Act” insert—

““the 2004 Act” means the Pensions Act 2004;”.

(3)

In regulation 16 (adjustments to the amount of pension credit)—

(a)

in paragraph (2), for “section 56 of the 1995 Act” substitute “ Part 3 of the 2004 Act (scheme funding) ”;

(b)

in paragraph (2B), omit “then, subject to paragraph (2D)”;

(c)

omit paragraphs (2D) to (2I), (2K) and (2L), and

(d)

in paragraph (3)—

(i)

for “Schedule 5 to the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations 1996” substitute “ Schedule 2 to the Occupational Pension Schemes (Scheme Funding) Regulations 2005 ”;

(ii)

for “section 56 of the 1995 Act (minimum funding requirement)” substitute “ Part 3 of the 2004 Act ”, and

(iii)

for “paragraphs (2), (2A) and (2G)” substitute “ paragraphs (2) and (2A) ”.

Annotations

Marginal citations

M1: S.I. 2000/1053, amended by S.I. 2005/706; there are other amending instruments but none is relevant.