# Pensions Act 2007, Paragraph 60

Extent: E+W+S

(1) Paragraph 2 of Schedule 4 (priority in bankruptcy etc.: employer's contributions to occupational pension scheme) is amended as follows.
(2) Omit sub-paragraphs (2) and (3) (sums owed on account of employer's minimum payments to a money purchase contracted-out scheme).
(3) In sub-paragraph (3A) (definition of “the appropriate amount”)—
(a) in the opening words, omit “or (3)”;
(b) in paragraph (a), omit “or (2) (as the case may be)”.
(4) In sub-paragraph (5) (interpretation)—
(a) omit the definition of “appropriate flat-rate percentage”;
(b) in the definition of “the percentage for contributing earners”—
(i) omit the words “(a) in relation to a salary related contracted-out scheme,”;
(ii) omit paragraph (b) and the preceding “and”;
(c) in the definition of “the percentage for non-contributing earners”—
(i) omit the words “(a) in relation to a salary related contracted-out scheme,”;
(ii) omit paragraph (b) and the preceding “and”.

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Source: https://www.legislation.gov.uk/ukpga/2007/22/schedule/4/paragraph/60 (the official version)
Page: https://openlegislation.uk/pensions-act-2007/schedule-4/paragraph-60
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.