Paragraph 46 I1

England, Wales and Scotland

(1)

Section 42A of the Pension Schemes Act 1993 (reduced rates of Class 1 contributions and rebates for members of money purchase contracted-out schemes) is amended as follows.

(2)

In subsection (3), for “Secretary of State” there is substituted “ Inland Revenue ”.

(3)

In subsection (5)—

(a)

for “Secretary of State” there is substituted “ Inland Revenue ”, and

(b)

for “pays”, “he” and “is”, in each place where they occur, there are substituted respectively “ pay ”, “ they ” and “ are ”.

Annotations

Commencement

I1: Sch. 1 para. 46 wholly in force at 1.4.1999; Sch. 1 in force for certain purposes at Royal Assent see s. 28(2)(a); Sch. 1 para. 46 in force at 1.4.1999 in so far as not already in force by S.I. 1999/527, art. 2(b), Sch. 2

Notes on Schedule 1

Extent

E1: Sch. 1 extends to Northern Ireland for certain purposes see s. 28(5)(a)