http://www.legislation.gov.uk/ukpga/2015/8/schedule/2/crossheading/pensions-act-2004-c-35Pension Schemes Act 2015An Act to make provision about pension schemes, including provision designed to encourage arrangements that offer people different levels of certainty in retirement or that involve different ways of sharing or pooling risk and provision designed to give people greater flexibility in accessing benefits and to help them make informed decisions about what to do with benefits.texttext/xmlenStatute Law Database2022-11-29Expert Participation2022-08-01 SCHEDULESSCHEDULE 2Other amendments to do with Parts 1 and 2<Emphasis>Pensions Act 2004 (c. 35)</Emphasis>23The Pensions Act 2004 is amended as follows.24In section 13 (improvement notices), in subsection (7)—aomit the “or” at the end of paragraph (e);bafter paragraph (f) insert, or gthe Pension Schemes Act 2015.25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .301Section 90 (codes of practice) is amended as follows.2In subsection (2)(i), for “money purchase schemes” substitute “ certain schemes ”.3In subsection (6), in the definition of “the pensions legislation”—aomit the “or” at the end of paragraph (c);bafter paragraph (d) insert—eSchedule 18 to the Pensions Act 2014, orfthe Pension Schemes Act 2015.31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .32. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33In section 254 (representative of non-European scheme to be treated as trustee), in subsection (3)—aomit the “or” at the end of paragraph (c);bafter paragraph (d) insert, or ethe Pension Schemes Act 2015.34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36In section 291 (duty of trustees or managers to act consistently with law of host member state), in subsection (4)—aomit the “or” at the end of paragraph (c);bafter paragraph (d) insert, or ethe Pension Schemes Act 2015.37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Sch. 2 paras. 25-29 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), ss. 128(e)(ii), 131(1); S.I. 2022/721, regs. 1(2), 3(e)Sch. 2 paras. 37-51 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), ss. 128(e)(v), 131(1); S.I. 2022/721, regs. 1(2), 3(e)Sch. 2 para. 31 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), ss. 128(e)(iii), 131(1); S.I. 2022/721, regs. 1(2), 3(e)Sch. 2 para. 32 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), ss. 128(e)(iii), 131(1); S.I. 2022/721, regs. 1(2), 3(e)Sch. 2 para. 34 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), ss. 128(e)(iv), 131(1); S.I. 2022/721, regs. 1(2), 3(e)Sch. 2 para. 35 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), ss. 128(e)(iv), 131(1); S.I. 2022/721, regs. 1(2), 3(e)
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<Text>In section 254 (representative of non-European scheme to be treated as trustee), in subsection (3)—</Text>
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<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2015/8/schedule/2/paragraph/35" IdURI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/35" id="schedule-2-paragraph-35" Status="Prospective" Match="false">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-03274e5af7348e3400c9cc7986a52c54"/>
35
</Pnumber>
<P1para>
<Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2015/8/schedule/2/paragraph/36" IdURI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/36" id="schedule-2-paragraph-36" RestrictStartDate="2015-04-06">
<Pnumber PuncAfter="">36</Pnumber>
<P1para>
<Text>In section 291 (duty of trustees or managers to act consistently with law of host member state), in subsection (4)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2015/8/schedule/2/paragraph/36/a" IdURI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/36/a" id="schedule-2-paragraph-36-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>omit the “or” at the end of paragraph (c);</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2015/8/schedule/2/paragraph/36/b" IdURI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/36/b" id="schedule-2-paragraph-36-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>after paragraph (d) insert</Text>
<BlockAmendment TargetClass="unknown" TargetSubClass="unknown" Context="unknown" Format="default">
<Text>, or </Text>
<P3>
<Pnumber>e</Pnumber>
<P3para>
<Text>the Pension Schemes Act 2015.</Text>
</P3para>
</P3>
</BlockAmendment>
</P3para>
</P3>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2015/8/schedule/2/paragraph/37" IdURI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/37" id="schedule-2-paragraph-37" Status="Prospective" Match="false">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-bd0d61665ef0dd9f125163707a108888"/>
37
</Pnumber>
<P1para>
<Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text>
</P1para>
</P1>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2015/8/schedule/2/paragraph/38" IdURI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/38" id="schedule-2-paragraph-38" Status="Prospective" Match="false">
<Pnumber PuncAfter="">
<CommentaryRef Ref="key-bd0d61665ef0dd9f125163707a108888"/>
38
</Pnumber>
<P1para>
<Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text>
</P1para>
</P1>
</Pblock>
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</Primary>
<Commentaries>
<Commentary id="key-b94d556e02f25cb659796a6704de2c7b" Type="F">
<Para>
<Text>
<CitationSubRef id="csh5pie74-00049" StartSectionRef="schedule-2-paragraph-25" EndSectionRef="schedule-2-paragraph-29" URI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/25" UpTo="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/29">Sch. 2 paras. 25-29</CitationSubRef>
omitted (1.8.2022) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2021/1" id="csh5pie74-00050" Class="UnitedKingdomPublicGeneralAct" Year="2021" Number="1" Title="Pension Schemes Act 2021">Pension Schemes Act 2021 (c. 1)</Citation>
,
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,
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;
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,
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,
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</Text>
</Para>
</Commentary>
<Commentary id="key-bd0d61665ef0dd9f125163707a108888" Type="F">
<Para>
<Text>
<CitationSubRef id="csh5pie74-00060" StartSectionRef="schedule-2-paragraph-37" EndSectionRef="schedule-2-paragraph-51" URI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/37" UpTo="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/51">Sch. 2 paras. 37-51</CitationSubRef>
omitted (1.8.2022) by virtue of
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,
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,
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;
<Citation URI="http://www.legislation.gov.uk/id/uksi/2022/721" id="csh5pie74-00064" Class="UnitedKingdomStatutoryInstrument" Year="2022" Number="721" Title="The Pension Schemes Act 2021 (Commencement No. 6 and Transitional Provision) Regulations 2022">S.I. 2022/721</Citation>
,
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,
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</Text>
</Para>
</Commentary>
<Commentary id="key-7c1b27e124f106c381734daacd7d1e6b" Type="F">
<Para>
<Text>
<CitationSubRef id="csh8snp04-00004" SectionRef="schedule-2-paragraph-31" URI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/31">Sch. 2 para. 31</CitationSubRef>
omitted (1.8.2022) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2021/1" id="csh8snp04-00005" Class="UnitedKingdomPublicGeneralAct" Year="2021" Number="1" Title="Pension Schemes Act 2021">Pension Schemes Act 2021 (c. 1)</Citation>
,
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,
<CitationSubRef CitationRef="csh8snp04-00005" id="csh8snp04-00007" SectionRef="section-131-1" URI="http://www.legislation.gov.uk/id/ukpga/2021/1/section/131/1">131(1)</CitationSubRef>
;
<Citation URI="http://www.legislation.gov.uk/id/uksi/2022/721" id="csh8snp04-00008" Class="UnitedKingdomStatutoryInstrument" Year="2022" Number="721" Title="The Pension Schemes Act 2021 (Commencement No. 6 and Transitional Provision) Regulations 2022">S.I. 2022/721</Citation>
,
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,
<CitationSubRef CitationRef="csh8snp04-00008" id="csh8snp04-00010" SectionRef="regulation-3-e" URI="http://www.legislation.gov.uk/id/uksi/2022/721/regulation/3/e">3(e)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-7c1a64d96007732d44e47cf57a581c97" Type="F">
<Para>
<Text>
<CitationSubRef id="csh8vez34-00004" SectionRef="schedule-2-paragraph-32" URI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/32">Sch. 2 para. 32</CitationSubRef>
omitted (1.8.2022) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2021/1" id="csh8vez34-00005" Class="UnitedKingdomPublicGeneralAct" Year="2021" Number="1" Title="Pension Schemes Act 2021">Pension Schemes Act 2021 (c. 1)</Citation>
,
<CitationSubRef CitationRef="csh8vez34-00005" id="csh8vez34-00006" SectionRef="section-128-e-iii" URI="http://www.legislation.gov.uk/id/ukpga/2021/1/section/128/e/iii" Operative="true">ss. 128(e)(iii)</CitationSubRef>
,
<CitationSubRef CitationRef="csh8vez34-00005" id="csh8vez34-00007" SectionRef="section-131-1" URI="http://www.legislation.gov.uk/id/ukpga/2021/1/section/131/1">131(1)</CitationSubRef>
;
<Citation URI="http://www.legislation.gov.uk/id/uksi/2022/721" id="csh8vez34-00008" Class="UnitedKingdomStatutoryInstrument" Year="2022" Number="721" Title="The Pension Schemes Act 2021 (Commencement No. 6 and Transitional Provision) Regulations 2022">S.I. 2022/721</Citation>
,
<CitationSubRef CitationRef="csh8vez34-00008" id="csh8vez34-00009" SectionRef="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2022/721/regulation/1/2">regs. 1(2)</CitationSubRef>
,
<CitationSubRef CitationRef="csh8vez34-00008" id="csh8vez34-00010" SectionRef="regulation-3-e" URI="http://www.legislation.gov.uk/id/uksi/2022/721/regulation/3/e">3(e)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-96cc0fbe858ecb16f19ac0eb31fd0831" Type="F">
<Para>
<Text>
<CitationSubRef id="csh8xhwk4-00004" SectionRef="schedule-2-paragraph-34" URI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/34">Sch. 2 para. 34</CitationSubRef>
omitted (1.8.2022) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2021/1" id="csh8xhwk4-00005" Class="UnitedKingdomPublicGeneralAct" Year="2021" Number="1" Title="Pension Schemes Act 2021">Pension Schemes Act 2021 (c. 1)</Citation>
,
<CitationSubRef CitationRef="csh8xhwk4-00005" id="csh8xhwk4-00006" SectionRef="section-128-e-iv" URI="http://www.legislation.gov.uk/id/ukpga/2021/1/section/128/e/iv" Operative="true">ss. 128(e)(iv)</CitationSubRef>
,
<CitationSubRef CitationRef="csh8xhwk4-00005" id="csh8xhwk4-00007" SectionRef="section-131-1" URI="http://www.legislation.gov.uk/id/ukpga/2021/1/section/131/1">131(1)</CitationSubRef>
;
<Citation URI="http://www.legislation.gov.uk/id/uksi/2022/721" id="csh8xhwk4-00008" Class="UnitedKingdomStatutoryInstrument" Year="2022" Number="721" Title="The Pension Schemes Act 2021 (Commencement No. 6 and Transitional Provision) Regulations 2022">S.I. 2022/721</Citation>
,
<CitationSubRef CitationRef="csh8xhwk4-00008" id="csh8xhwk4-00009" SectionRef="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2022/721/regulation/1/2">regs. 1(2)</CitationSubRef>
,
<CitationSubRef CitationRef="csh8xhwk4-00008" id="csh8xhwk4-00010" SectionRef="regulation-3-e" URI="http://www.legislation.gov.uk/id/uksi/2022/721/regulation/3/e">3(e)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-03274e5af7348e3400c9cc7986a52c54" Type="F">
<Para>
<Text>
<CitationSubRef id="csh8z39h4-00004" SectionRef="schedule-2-paragraph-35" URI="http://www.legislation.gov.uk/id/ukpga/2015/8/schedule/2/paragraph/35">Sch. 2 para. 35</CitationSubRef>
omitted (1.8.2022) by virtue of
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2021/1" id="csh8z39h4-00005" Class="UnitedKingdomPublicGeneralAct" Year="2021" Number="1" Title="Pension Schemes Act 2021">Pension Schemes Act 2021 (c. 1)</Citation>
,
<CitationSubRef CitationRef="csh8z39h4-00005" id="csh8z39h4-00006" SectionRef="section-128-e-iv" URI="http://www.legislation.gov.uk/id/ukpga/2021/1/section/128/e/iv" Operative="true">ss. 128(e)(iv)</CitationSubRef>
,
<CitationSubRef CitationRef="csh8z39h4-00005" id="csh8z39h4-00007" SectionRef="section-131-1" URI="http://www.legislation.gov.uk/id/ukpga/2021/1/section/131/1">131(1)</CitationSubRef>
;
<Citation URI="http://www.legislation.gov.uk/id/uksi/2022/721" id="csh8z39h4-00008" Class="UnitedKingdomStatutoryInstrument" Year="2022" Number="721" Title="The Pension Schemes Act 2021 (Commencement No. 6 and Transitional Provision) Regulations 2022">S.I. 2022/721</Citation>
,
<CitationSubRef CitationRef="csh8z39h4-00008" id="csh8z39h4-00009" SectionRef="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2022/721/regulation/1/2">regs. 1(2)</CitationSubRef>
,
<CitationSubRef CitationRef="csh8z39h4-00008" id="csh8z39h4-00010" SectionRef="regulation-3-e" URI="http://www.legislation.gov.uk/id/uksi/2022/721/regulation/3/e">3(e)</CitationSubRef>
</Text>
</Para>
</Commentary>
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</Legislation>