Pensions Act 2014

43 (1) Section 181(1) (general interpretation) is amended as follows. E+W+S

(2) In the appropriate places insert—

““the first abolition date” has the meaning given by section 7A;”

““the second abolition date” has the meaning given by section 7A;”

““the principal appointed day” means 6 April 1997 (which is the day designated as the principal appointed day for the purposes of Part 3 of the Pensions Act 1995);”

““salary related contracted-out scheme” is to be construed in accordance with section 7B;”

(3) Omit the definition of “abolition date”.

(4) In the definition of “appropriate scheme” and “appropriate scheme certificate”, for “section 181A” substitute “ section 7B ”.

(5) In the definition of “contracting-out certificate”, for “section 7 and section 181A” substitute “ section 7B ”.

(6) In the definition of “contributions equivalent premium”, for “has the meaning given in” substitute “ means a premium that was paid under ”.

(7) In the definition of “earner” and “earnings”, after “in accordance with” insert “ section 8(1B) of this Act and ”.

(8) In the definition of “money purchase contracted-out scheme”, for “section 181A” substitute “ section 7B ”.

Commencement Information

I1 Sch. 13 para. 43 in force at 6.4.2016, see s. 56(1)(4)