OpenLegislation

Paragraph 9

Scotland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Section 12A is amended as follows.

(2)

In subsection (1)(a), for “scheme” there is substituted “ arrangement ”.

(3)

In subsection (2), for “trustees or managers of the pension scheme” there is substituted “ person responsible for the pension arrangement ”.

(4)

In subsection (3), in paragraphs (a) and (c) for “trustees or managers of the pension scheme” there is substituted “ person responsible for the pension arrangement ” and in paragraph (a) for “have” there is substituted “ has ”.

(5)

In subsection (4)—

(a)

for “trustees or managers” there is substituted “ person responsible for the pension arrangement ”, and

(b)

for “trustees’ or managers’ liability” there is substituted “ liability of the person responsible for the pension arrangement ”.

(6)

In subsection (5), for “trustees or managers” there is substituted “ person responsible for the pension arrangement ”.

(7)

In subsection (6)—

(a)

for “trustees or managers of”, wherever occurring, there is substituted “ person responsible for ”,

(b)

for “scheme”, wherever occurring, there is substituted “ arrangement ”, and

(c)

in paragraph (b), for “have” there is substituted “ has ”.

(8)

In subsection (7)—

(a)

for “trustees or managers” where first occurring there is substituted “ person responsible for the pension arrangement ”,

(b)

for “trustees or managers of” there is substituted “ person responsible for ”, and

(c)

for “scheme” there is substituted “ arrangement ”.

(9)

For subsection (10) there is substituted—

“(10)

The definition of “benefits under a pension scheme” in section 27 of this Act does not apply to this section.”