OpenLegislation

Paragraph 76

England, Wales and Scotland

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

I1(1)

Paragraph 1 of Schedule 1 (application of enactments relating to occupational schemes to certain stakeholder schemes) is amended as follows.

(2)

In sub-paragraph (2), in paragraph (b)—

I2(a)

in sub-paragraph (i) for the words from “except” to the end substitute “except sections 7(5A)(b), 8(1)(a) and (c) and (2), 11(3A) and (3B) and 15(1),

I3(b)

in sub-paragraph (ii) for “31” substitute “ 30 ”,

(c)

in sub-paragraph (iii) omit the words from “except” to the end,

(d)

for sub-paragraph (v) substitute—

“(v)

section 47 (professional advisers);”, and

(e)

in sub-paragraph (vii) for “section 50” substitute “ sections 50 to 50B ”.

I4I5I6I7(3)

After that paragraph insert

“; and

(c)

the following provisions of the Pensions Act 2004—

(i)

section 67 (accessibility of register of prohibited trustees);

(ii)

Chapters 4 and 5 of Part 2 (fraud compensation and information gathering);

(iii)

sections 247 to 249 (requirements for knowledge and understanding); and

(iv)

section 318 (interpretation).”

(4)

In sub-paragraph (5), after “1995 Act” insert “ , and section 318(1) of the Pensions Act 2004, ”.

I8I9(5)

After sub-paragraph (5) insert—

“(6)

Chapters 4 and 5 of Part 2 of the Pensions Act 2004 (as applied by sub-paragraph (1)) shall have effect with such modifications as the Secretary of State may prescribe by regulations.”

Annotations

Commencement

I1

Sch. 12 para. 76(1)(2)(c) in force at 4.12.2005 for specified purposes and 30.12.2005 in so far as not already in force by S.I. 2005/3331, art. 2(1), Sch. Pt. 1

I2

Sch. 12 para. 76(2)(a)(4) in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7

I3

Sch. 12 para. 76(2)(b)(d) in force at 9.12.2005 by S.I. 2005/3331, art. 2(2), Sch. Pt. 2

I4

Sch. 12 para. 76(3) in force at 30.6.2005 for specified purposes in so far as it relates to sections 67 and 318 of the Act by S.I. 2005/1720, art. 2(12)

I5

Sch. 12 para. 76(3) in force at 1.9.2005 for specified purposes by S.I. 2005/1720, art. 2(16), Sch. Pt. 3

I6

Sch. 12 para. 76(3) in force at 1.9.2005 for specified purposes by S.I. 2005/2447, art. 2(4), Sch. Pt. 1

I7

Sch. 12 para. 76(3) in force at 6.4.2006 in so far as not already in force by S.I. 2006/560, art. 2(3), Sch. Pt. 3

I8

Sch. 12 para. 76(5) in force at 1.9.2005 for specified purposes by S.I. 2005/1720, art. 2(3)(b)

I9

Sch. 12 para. 76(5) in force at 9.12.2005 in so far as not already in force by S.I. 2005/3331, art. 2(2), Sch. Pt. 2