OpenLegislation

Paragraph 6 I1I2

(1)

Section 99 (interpretation of Part 1: pension scheme membership for jobholders) is amended as follows.

(2)

At the appropriate place insert—

““collective money purchase benefit” has the meaning given by section 1 of the Pension Schemes Act 2021;”.

(3)

In the definition of “money purchase benefits”—

(a)

for “means benefits” substitute

“means—

(a)

benefits”;

(b)

at the end insert

“, and

(b)

collective money purchase benefits;”.

Annotations

Commencement

I1

Sch. 1 para. 6 in force at Royal Assent for specified purposes, see s. 131(3)(a)

I2

Sch. 1 para. 6 in force at 1.8.2022 in so far as not already in force by S.I. 2022/721, reg. 3(a)