74.—(1) Regulation 4(2)(c) (exceptions to the sex equality rule: use of actuarial factors which differ for men and women) of the Equality Act 2010 (Sex Equality Rule) (Exceptions) Regulations 2010(1) (“the Sex Equality Exceptions Regulations”) has effect as if the amendments made by regulation 75(a) of these Regulations came into force on 1st October 2010.
(2) Where the conditions specified in paragraph (3) are satisfied, regulation 4 of the Sex Equality Exceptions Regulations has effect as if the amendments made by regulation 75(b) of these Regulations came into force on 1st October 2010.
(3) The conditions specified in this paragraph are that on or after 1st October 2010 and before the appointed day the trustees or managers of an occupational pension scheme —
(a)treated benefits specified in regulation 73(3)(a) as if they were money purchase benefits; and
(b)applied different actuarial factors for men and for women in determining the rate of a pension derived from those benefits.
Commencement Information
I1Reg. 74 comes into force in accordance with reg. 1(1)