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Regulation 2 Amendment of the Pension Schemes (Voluntary Contributions Requirements and Voluntary and Compulsory Membership) Regulations 1987

Original text. Later amendments are not shown.

After paragraph (6) of regulation 2 of the Pension Schemes (Voluntary Contri- butions Requirements and Voluntary and Compulsory Membership) Regulations 1987f1 (exceptions to section 12 of the Social Security Act 1986—voluntary contribution requirements) there shall be inserted the following paragraph—

“(6A)

Section 12(1)(a) and (b) shall not apply to the rules of any scheme which provides that the only contributions payable in respect of a member shall be the minimum contributions payable by the Secretary of State in respect of that member under section 1 of the Act if—

(a)

the scheme is an appropriate scheme under section 1(8) of the Act; and

(b)

the member to whom the limitation applies is concurrently a member of an occupational pension scheme; and

(c)

the scheme is currently the member’s chosen scheme under section 1(9) of the Act; and

(d)

the member has entered into a written agreement with the trustees or managers of the scheme that this regulation shall apply in his case.”.

Annotations

Footnotes

f1

S.I. 1987/1108.