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Pension Schemes Act 1993

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Pension Schemes Act 1993, Paragraph 31 is up to date with all changes known to be in force on or before 05 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

31E+W+SIn section 191 of that Act—

(a)the following definitions shall be inserted at the appropriate places—

  • money purchase contracted-out scheme” has the same meaning as in section 8(1)(a)(ii) of the Pensions Act; and

pensionable age” has the same meaning as in section 122 of the Contributions and Benefits Act;

(b)in the definition of “occupational pension scheme”, for the words “section 66(1)” there shall be substituted the words “ section 1 ”;

(c)in the definition of “the Pensions Act”, for the words “Social Security Pensions Act 1975” there shall be substituted the words “ Pension Schemes Act 1993 ”;

(d)in the definition of “personal pension scheme”, for the words “section 84(1) of the 1986 Act” there shall be substituted the words “ section 1 of the Pensions Act ” and at the end of that definition there shall be added the words “ and “appropriate”, in relation to such a scheme, shall be construed in accordance with section 7(4) of that Act. ”.

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