# Pensions Act 2007, Paragraph 3


(1) Section 8 (definitions of certain terms) is amended as follows.
(2) In subsection (1) (definition of “contracted-out employment”) for the words from “he is under pensionable age” to the end of paragraph (a) substitute
“—
(a) he is under pensionable age;
(aa) his service in the employment is for the time being service which qualifies him for a pension provided by an occupational pension scheme contracted out by virtue of satisfying section 9(2) (in this Act referred to as “a salary related contracted-out scheme”);”.
(3) After subsection (1) insert—
“(1A) In addition, in relation to any period before the abolition date, the employment of an earner in employed earner's employment was “contracted-out employment” in relation to him during that period if—
(a) he was under pensionable age;
(b) his employer made minimum payments in respect of his employment to a money purchase contracted-out scheme, and
(c) there was in force a contracting-out certificate issued in accordance with this Chapter (as it then had effect) stating that the employment was contracted-out employment by reference to the scheme.”
(4) In subsection (2) for “for the purposes of section 42A” substitute “ for the tax year in which the week falls as specified in an order made under section 42B (as it had effect before the abolition date) ”.

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Source: https://www.legislation.gov.uk/ukpga/2007/22/schedule/4/paragraph/3 (the official version)
Page: https://openlegislation.uk/pensions-act-2007/schedule-4/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.