{
  "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006",
  "json_url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006.json",
  "id": "uksi/2006/138",
  "title": "The Pension Schemes (Reduction in Pension Rates) Regulations 2006",
  "short_title": "Pension Schemes (Reduction in Pension Rates) 2006",
  "long_title": "These Regulations prescribe the circumstances in which pensions are exempted from the requirement in sub-paragraph 2(3) of Schedule 28 to the Finance Act 2004 (“the 2004 Act”) that the rate of pension payable in respect of any relevant 12 month period is not less than the rate payable in respect of the previous 12 month period.",
  "citation": "S.I. 2006/138",
  "type": "uksi",
  "year": "2006",
  "number": "138",
  "version": "current",
  "date": "2006-01-25",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 5,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation, commencement and interpretation",
      "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/regulation-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Forfeiture of entitlement to pension — prescribed circumstances",
      "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/regulation-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "Reduction of pension — prescribed circumstances",
      "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/regulation-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/note",
      "extent": null,
      "status": null,
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    }
  ],
  "has_text": true,
  "pdfs": [
    {
      "title": "Printed copy",
      "main": true,
      "language": null,
      "date": "2008-12-10",
      "size": null,
      "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/pdf/uksi_20060138_en.pdf",
      "source_url": "https://www.legislation.gov.uk/uksi/2006/138/pdfs/uksi_20060138_en.pdf"
    },
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      "title": "Explanatory Memorandum",
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      "language": null,
      "date": "2008-12-11",
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      "url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/pdf/uksiem_20060138_en.pdf",
      "source_url": "https://www.legislation.gov.uk/uksi/2006/138/pdfs/uksiem_20060138_en.pdf"
    }
  ],
  "outstanding_effects": [
    {
      "type": "subst (retrosp to 6.4.2006)",
      "affected_provisions": "reg 3",
      "affecting": "uksi/2009/1311",
      "affecting_title": "The Pension Schemes (Reduction in Pension Rates) (Amendment) Regulations 2009",
      "affecting_provisions": "reg 2"
    },
    {
      "type": "added (retrosp to 6.4.2006)",
      "affected_provisions": "regs 4, 5",
      "affecting": "uksi/2009/1311",
      "affecting_title": "The Pension Schemes (Reduction in Pension Rates) (Amendment) Regulations 2009",
      "affecting_provisions": "reg 2"
    },
    {
      "type": "word inserted",
      "affected_provisions": "reg. 3",
      "affecting": "uksi/2013/1111",
      "affecting_title": "The Registered Pension Schemes (Reduction in Pension Rates, Accounting and Assessment) (Amendment) Regulations 2013",
      "affecting_provisions": "reg. 3(2)"
    },
    {
      "type": "inserted",
      "affected_provisions": "reg. 4(d)",
      "affecting": "uksi/2013/1111",
      "affecting_title": "The Registered Pension Schemes (Reduction in Pension Rates, Accounting and Assessment) (Amendment) Regulations 2013",
      "affecting_provisions": "reg. 3(3)"
    },
    {
      "type": "inserted",
      "affected_provisions": "reg. 4A",
      "affecting": "uksi/2013/1111",
      "affecting_title": "The Registered Pension Schemes (Reduction in Pension Rates, Accounting and Assessment) (Amendment) Regulations 2013",
      "affecting_provisions": "reg. 3(4)"
    }
  ],
  "made_under": [
    {
      "id": "ukpga/2004/12",
      "title": "Finance Act 2004",
      "url": "https://openlegislation.uk/finance-act-2004",
      "provisions": [
        "schedule/28/paragraph/2"
      ]
    }
  ],
  "changes_made_to": 5,
  "changes_made_to_url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/changes.json",
  "changes_made_by": 1,
  "changes_made_by_url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/pension-schemes-reduction-in-pension-rates-regulations-2006/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/138",
    "retrieved_at": "2026-10-29T04:39:07.387191+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}