Print Options
PrintThe Whole
Instrument
PrintThis
Explanatory Note
only
Changes over time for: Explanatory Notes
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 01/01/2014.
Changes to legislation:
There are currently no known outstanding effects for the The Personal Pension Schemes (Compensation) Regulations 1988.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Explanatory Note
These Regulations provide that for a personal pension scheme which is not within the investor protection provisions of one or other of the Policyholders Protection Act 1975, the Building Societies Act 1986, the Banking Act 1987, the Financial Services (Compensation of Investors) Rules 1988 or the Friendly Societies Protection Scheme to be an appropriate scheme under Part I of the Social Security Act 1986, it must secure that any part of its liability for protected rights which it is unable to meet from its own resources are, at least to the extent that they would be met if one or other of those provisions did apply, met from some other source.
The report of the Occupational Pensions Board on the draft of these Regulations which had been referred to them together with a statement by the Secretary of State for Social Services showing that the Regulations give effect to the Board's recommendations is contained in Command Paper No. 553 published by Her Majesty's Stationery Office.
Back to top