43 Power to extend judicial pension schemes.U.K.
(1)The appropriate minister may by regulations amend the M1Sheriffs’ Pensions (Scotland) Act 1961, the M2Judicial Pensions Act 1981 or the M3Judicial Pensions and Retirement Act 1993 for the purpose of—
(a)extending a pension scheme under the Act to include the provision, by reference to pension credits which derive from rights under—
(i)the scheme, or
(ii)a scheme in relation to which the scheme is specified as an alternative for the purposes of paragraph 2 of Schedule 5,
of benefits to or in respect of those entitled to the credits, or
(b)restricting the power of the appropriate minister to accept payments into a pension scheme under the Act, where the payments represent the cash equivalent of rights under another pension scheme which are attributable (directly or indirectly) to a pension credit.
(2)Regulations under subsection (1)—
(a)may make benefits provided by virtue of paragraph (a) of that subsection a charge on, and payable out of, the Consolidated Fund;
(b)may confer power to make subordinate legislation, including subordinate legislation which provides for calculation of the value of rights in accordance with guidance from time to time prepared by a person specified in the subordinate legislation.
(3)The appropriate minister for the purposes of subsection (1) is—
(a)in relation to a pension scheme whose ordinary members are limited to those who hold judicial office whose jurisdiction is exercised exclusively in relation to Scotland, the Secretary of State, and
(b)in relation to any other pension scheme, the Lord Chancellor.
(4)In this section—
“pension credit” includes a credit under Northern Ireland legislation corresponding to section 29(1)(b);
“pension scheme” means a scheme or arrangement providing benefits, in the form of pensions or otherwise, payable on termination of service, or on death or retirement, to or in respect of persons to whom the scheme or arrangement applies.
Commencement Information
I1S. 43 wholly in force at 1.12.2000; s. 43 in force for certain purposes at Royal Assent see s. 89(1); s. 43 in force at 1.12.2000 insofar as not already in force by S.I. 2000/1047, art. 2(2)(d), Sch. Pt. IV
Marginal Citations