Chwilio Deddfwriaeth

Pensions Act 2008

 Help about what version

Pa Fersiwn

 Help about advanced features

Nodweddion Uwch

 Help about opening options

Dewisiadau AgorExpand opening options

Status:

Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).

29Transitional periods for money purchase and personal pension schemes
This adran has no associated Nodiadau Esboniadol

(1)During the first transitional period for money purchase and personal pension schemes—

(a)sections 20(1)(b) and 26(4)(b) have effect as if for “3%” there were substituted “1%”;

(b)sections 20(1)(c) and 26(5)(b) have effect as if for “8%” there were substituted “2%”.

(2)The first transitional period is a prescribed period of at least one year, beginning with the coming into force of section 20.

(3)During the second transitional period for money purchase and personal pension schemes—

(a)sections 20(1)(b) and 26(4)(b) have effect as if for “3%” there were substituted “2%”;

(b)sections 20(1)(c) and 26(5)(b) have effect as if for “8%” there were substituted “5%”.

(4)The second transitional period is a prescribed period of at least one year, beginning with the end of the first transitional period.

Yn ôl i’r brig

Options/Cymorth