http://www.legislation.gov.uk/uksi/2005/695/schedule/2The Pensions Act 2004 (Commencement No. 3, Transitional Provisions and Amendment) Order 2005texttext/xmlenStatute Law DatabasePENSIONS2014-02-20Expert Participation2005-04-05This Order makes further provision for the coming into force of the Pensions Act 2004. In particular, it makes provision in connection with the coming into force of section 300(1) of the Pensions Act 2004 (c. 35) (“the Act”) which provides for the dissolution of the Occupational Pensions Regulatory Authority (“the Authority”) and under section 300(2) of the Act for the transfer of property, rights and liabilities of the Authority to the Pensions Regulator (“the Regulator”) on that day.SCHEDULE 2

Article 5(8)

FURTHER TRANSITIONAL PROVISIONSTransitional provisions relating to the 1993 Act1.

Section 175 of the 1993 Act (levies towards certain expenditure) shall be modified so that it shall have effect as if, for the words “be recoverable by the Registrar” in subsection (8), there were substituted the words “ be recoverable by the Regulatory Authority ”.

Transitional provisions relating to section 2 of the 1995 Act2.

Section 2 of the 1995 Act (reports to the Secretary of State) shall be modified so that it shall have effect as if, after subsection (1), there were inserted the following subsection—(1A)

The Regulatory Authority must prepare a report for the period commencing 1st April 2004 and ending 5th April 2005 and must send the report to the Secretary of State as soon as practicable after the end of that period.

.

Transitional provisions relating to section 96 of 1995 Act3.

Section 96 of the 1995 Act (review of decisions) shall be modified so that it shall have effect as if—

(a)

for the words “any determination of theirs” in subsection (2), there were substituted the words “ any determination of the Occupational Pensions Regulatory Authority ”; and

(b)

for the words “any other such determination of theirs” in paragraph (a) of subsection (3), there were substituted the words “ any other such determination of the Occupational Pensions Regulatory Authority ”.

Transitional provisions relating to section 97 of the 1995 Act4.

Section 97 of the 1995 Act (references and appeals from the Authority) shall be modified so that it shall have effect as if, for the words “the Authority” in each place where they appear in subsections (1) to (4) and (7), there were substituted the words “ the Determinations Panel of the Pensions Regulator ”.

Transitional provisions relating to section 103 of the 1995 Act5.

Section 103 of the 1995 Act (publishing reports) shall be modified so that it shall have effect as if, for the words “any investigation under this Part”, there were substituted the words “ any investigation by the Occupational Pensions Regulatory Authority under this Part ”.

Transitional provisions relating to paragraph 16 of Schedule 1 to the 1995 Act6.

Paragraph 16 of Schedule 1 to the 1995 Act (accounts) shall be modified so that it shall have effect as if—

(a)

at the beginning of sub-paragraph (1), for the word “It” there were substituted the words “ Subject to paragraph (1A), it ”; and

(b)

after sub-paragraph (1), there were inserted the following sub-paragraph—(1A)

The statement of accounts which the Authority is required to prepare in respect of the financial year commencing 1st April 2004 shall also include its accounts for the period commencing on 1st April 2005 and ending on 5th April 2005.

.

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SCHEDULE 2
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