Amendment of the Pensions Act 2004
This section has no associated Explanatory Memorandum
4. In the Pensions Act 2004()—
(a)in section 253(1) and (6) (non-European scheme to be trust with UK-resident trustee) for “the member States” substitute “the EEA states”;
(b)in section 254(1) (representative of non-European scheme to be treated as trustee) for “the member States” substitute “the EEA states”;
(c)in section 287(6) (occupational pension scheme receiving contributions from European employer)—
(i)for ““host member State”” substitute ““host EEA state””;
(ii)for “a member State” substitute “an EEA state”;
(d)in section 289(1)(c) and (2)(a)(i) (approval in relation to particular European employer) for “host member State” substitute “host EEA state”;
(e)in section 290(1)(a) and (b) and (2)(b) (notification of legal requirements of host member State outside United Kingdom) for “host member State” substitute “host EEA state”;
(f)in section 291(1) (duty of trustees or managers to act consistently with law of host member State) for “host member State” substitute “host EEA state”;
(g)in section 293 (functions of Regulator in relation to institutions administered in other member States)—
(i)in paragraph (1) for “host member State” substitute “host EEA state”;
(ii)in paragraph (2) for “another member State” substitute “another EEA state”;
(iii)in paragraph (4)(b) for “the member State” substitute “the EEA state”;
(iv)in paragraph (8) for “a member State” substitute “an EEA state”;
(h)in section 294(1) (stopping disposal of assets of institutions administered in other member States)—
(i)for “a member State” substitute “an EEA state”;
(ii)for “that member State” substitute “that EEA state”;
(i)in section 295 (interpretation of Part 7)—
(i)for “a member State” in both places substitute “an EEA state”;
(ii)for ““host member State”” substitute ““host EEA state””.