OpenLegislation

Section 131 Relationship of preservation requirements and scheme rules.I1

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

It is hereby declared that nothing in Chapter I of Part IV—

(a)

applies with direct effect to any scheme, or to the rights or liabilities of any person in, under or by virtue of a scheme; or

(b)

precludes a scheme from being so framed as to provide benefits on any ampler scale, or (subject to any express provision made in that Chapter) payable at any earlier time or otherwise more favourable to beneficiaries, than is called for by the preservation requirements.

Annotations

Commencement

I1

Ss. 1-187 in force at 7.2.1994 by S.I. 1994/86, art. 2