1995 No. 35
The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations 1995
Made
Laid before Parliament
Coming into force
The Secretary of State for Social Security, in exercise of the powers conferred upon him by sections 9(3) and (5), 19(4), 23(1), 26, 29(3), 31(1), 73(1), 113(1) and (3), 162, 181 and 182(2) and (3) of the Pension Schemes Act 1993M1 and of all other powers enabling him in that behalf, after consultation with the Friendly Societies CommissionM2 and after referring the proposals to make these Regulations to the Occupational Pensions Board and considering their ReportM3, hereby makes the following Regulations:
See section 185(7) of the Pension Schemes Act 1993.
See section 185(1) of the Pension Schemes Act 1993.
Citation and commencement1
These Regulations may be cited as the Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations 1995 and shall come into force on 7th February 1995.
Amendment of regulation 30 of the Occupational Pension Schemes (Contracting-out) Regulations 1984F12
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Amendment of regulation 1A of the Occupational Pension Schemes (Discharge of Liability) Regulations 1985F23
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Amendment of the Money Purchase Contracted-out Schemes Regulations 1987F14
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Amendment of Schedule 3 to the Personal Pension Schemes (Disclosure of Information) Regulations 19875
In sub-paragraph 2(a)(i) of Schedule 3 to the Personal Pension Schemes (Disclosure of Information) Regulations 1987 M4 for the words “Schedule 13 to the Insurance Companies Regulations 1981" there shall be substituted the words “Schedule 10 to the Insurance Companies Regulations 1994".
Amendment of regulation 9 of the Personal and Occupational Pension Schemes (Protected Rights) Regulations 1987F36
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Amendment of the Personal Pension Schemes (Appropriate Schemes) Regulations 1988F47
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Amendment of regulation 6 of the Occupational Pension Schemes (Preservation of Benefit) Regulations 19918
In regulation 6 of the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991 M5 (means of assuring short service benefit)–
a
in paragraph (3), at the end, there shall be added the words “provided the terms of such policy or contract are not capable of being amended, revoked or rescinded";
b
in paragraph (4), for the definitions of “friendly society" and of “authorised friendly society" there shall be substituted respectively the following definitions–
“friendly society" has the same meaning as in the Friendly Societies Act 1992 (including any society which by virtue of section 96(2) of that Act is to be treated as a registered friendly society within the meaning of that Act);
“authorised friendly society" means a friendly society which is authorised under section 32 of the Friendly Societies Act 1992 to carry on long term business under any of the Classes specified in Head A of Schedule 2 to that Act.
Revocation of the Occupational Pension Schemes (Friendly Societies) Regulations 19769
The Occupational Pension Schemes (Friendly Societies) Regulations 1976 M6 are revoked.
Signed by authority of the Secretary of State for Social Security.
1993 c. 48. Section 181 is cited because of the meaning ascribed to the words “prescribe" and “regulations".