The Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1992

Statutory Instruments

1992 No. 1555

PENSIONS

The Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1992

Made

30th June 1992

Laid before Parliament

30th June 1992

Coming into force

1st July 1992

The Secretary of State for Social Security, in exercise of his powers under sections 166(1) to (3A) and 168(1) of, and Schedule 20 to, the Social Security Act 1975(1) and sections 58B(1), (3) and (6) and 66(2) of the Social Security Pensions Act 1975(2) and of all other powers enabling him in that behalf, not being required to refer the proposals in respect of these Regulations to the Occupational Pensions Board because this instrument contains only regulations made consequential upon paragraph 2 of Schedule 4 to the Social Security Act 1990 and is made before the end of the period of 6 months beginning with the coming into force of that enactment(3), hereby makes the following Regulations:

(1)

1975 c. 14. See definitions of “prescribe” and “regulations” in Schedule 20. Sections 166(1) to (3A) and 168(1) apply, by virtue of section 66(2) of the Social Security Pensions Act 1975 (c. 60), to the exercise of certain powers conferred by that Act.

(2)

1975 c. 60. Section 58B was inserted by paragraph 2 of Schedule 4 to the Social Security Act 1990 (c. 27).

(3)

See section 61(2) of the Social Security Pensions Act 1975 and section 61(5) of the Social Security Act 1986 (c. 50). Section 61(5) of the 1986 Act was amended by paragraph 12(3) of Schedule 8 to the Social Security Act 1989 (c. 24).