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The Occupational Pension Schemes (Modification of Schemes) Regulations 2006
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- 2006 No. 759
- Regulation 1
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1.—(1) These Regulations may be cited as the Occupational Pension Schemes (Modification of Schemes) Regulations 2006.
(2) Regulations 6 and 7 shall come into force on 30th March 2006 and all other regulations shall come into force on 6th April 2006.
(3) In these Regulations—
“the 1993 Act” means the Pension Schemes Act 1993 M1;
“the 1995 Act” means the Pensions Act 1995;
“the 2004 Act” means the Finance Act 2004 M2;
[F1“the 2015 Act” means the Pension Schemes Act 2015;]
“the 2006 Regulations” means the Registered Pension Schemes (Modification of the Rules of Existing Schemes) Regulations 2006 M3;
F2...
F3...
[F4“collective money purchase scheme” means a scheme or a section of a scheme that is a collective money purchase scheme for the purposes of Part 1 of the Pension Schemes Act 2021;
“multi-annual reduction” has the meaning given by regulation 2 of the Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022;]
“public service pension scheme” has the same meaning as in section 1 of the 1993 Act M4 (categories of pension schemes);
“registered pension scheme” means a scheme which is a registered pension scheme for the purposes of Part 4 of the 2004 Act (pension schemes etc.);
“scheme” means an occupational pension scheme;
“the scheme administrator” has the same meaning as in section 270 of the 2004 Act (meaning of scheme administrator);
“the transitional period” has the same meaning as in regulation 1(2) of the 2006 Regulations;
“unauthorised member payment” has the same meaning as in section 160(2) of the 2004 Act (payments by registered pension schemes).
Textual Amendments
F1Words in reg. 1(3) inserted (6.4.2015) by The Occupational Pension Schemes (Consequential and Miscellaneous Amendments) Regulations 2015 (S.I. 2015/493), regs. 1, 5(2)
F2Words in reg. 1(3) omitted (9.8.2012) by virtue of The Occupational and Personal Pension Schemes (Prescribed Bodies) Regulations 2012 (S.I. 2012/1817), reg. 1, Sch. para. 9(a)
F3Words in reg. 1(3) omitted (6.4.2012) by virtue of Pensions Act 2008 (Abolition of Protected Rights) (Consequential Amendments) Order 2011 (S.I. 2011/1246), arts. 1(2)(a), 23(2)
F4Words in reg. 1(3) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations 2022 (S.I. 2022/337), regs. 1(3), 12(2)
Marginal Citations
M4The definition of “public service pension scheme” was amended by S.I. 1999/1820.
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