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Pensions Act 2014

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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

I1Sch. 13 para. 43 in force at 6.4.2016, see s. 56(1)(4)

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