# Pension Schemes Act 1993, Section 7B: Meaning of “contracted-out scheme” and “appropriate scheme” etc.


(1) This section applies for the interpretation of this Act.
(2) An occupational pension scheme was “contracted-out” at a time if, at that time, there was in force a certificate under section 7 (as it then had effect) stating that the employment of an earner in employed earner's employment was contracted-out employment by reference to the scheme.
(3) “Contracting-out certificate” means a certificate of the kind mentioned in subsection (2).
(4) An occupational pension scheme was a “salary related contracted-out scheme” at a time if, at that time, the scheme was contracted-out by virtue of satisfying section 9(2) (as it then had effect).
(5) An occupational pension scheme was a “money purchase contracted-out scheme” at a time if, at that time, the scheme was contracted-out by virtue of satisfying section 9(3) (as it then had effect).
(6) A personal pension scheme was an “appropriate scheme” at a time if, at that time, there was in force a certificate issued under section 7(1)(b) (as it then had effect) stating that the scheme was an appropriate scheme.
(7) “Appropriate scheme certificate” means a certificate of the kind mentioned in subsection (6).
(8) An appropriate scheme certificate that was in force in relation to a scheme is to be taken as conclusive that the scheme was, at that time, an appropriate scheme.

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Source: https://www.legislation.gov.uk/ukpga/1993/48/section/7B (the official version)
Page: https://openlegislation.uk/pension-schemes-act-1993/section-7B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

