OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order brings into force provisions of the Pensions Act 2008 (c.30) (“the Act”) on 3rd January 2012.

Article 2(a) brings section 49 of the Act (monitoring of employers’ payments to personal pension schemes) into force, for the purpose only of conferring power to make regulations under section 111A of the Pension Schemes Act 1993 (c.48). Section 49 amends section 111A so that the term “employee” includes a “jobholder”.

Article 2(b) and (c) brings into force certain provisions of Schedule 4, which make minor and consequential amendments to the Social Security Contributions and Benefits Act 1992 (c.4) in relation to retirement pensions under Part 2 of that Act.