SCHEDULES
SCHEDULE 12Minor and consequential amendments
Welfare Reform and Pensions Act 1999 (c. 30)
77
I11
Schedule 5 (pension credits: mode of discharge) is amended as follows.
I22
In paragraph 8(1)(b), for the words from “section 56” to “related schemes)” substitute “
Part 3 of the Pensions Act 2004 (scheme funding)
”
.
I13
After paragraph 13 insert—
13A
The provisions of this Schedule are subject to—
a
section 73A(3) and (6) of the Pensions Act 1995 (prohibition on new members during winding up of scheme: exception for discharge of pension credit derived from the scheme), and
b
section 133(2) and (8) of the Pensions Act 2004 (prohibition on new members during an assessment period in relation to a scheme: exception for discharge of pension credit derived from the scheme).