- Latest available (Revised)
- Original (As made)
The Pensions Act 2008 (Abolition of Protected Rights) (Consequential Amendments) (No.2) Order 2011
You are here:
What Version
Opening Options
More Resources
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Amendments to the Pension Schemes Act 1993
This section has no associated Explanatory Memorandum
9.—(1) The Pension Schemes Act 1993 is amended as follows.
(2) In section 20(3) (transfer of accrued rights)(1), omit “and sections 31 and 33”.
(3) Omit section 33 (tax requirements to prevail over requirements of section 31)(2).
(4) In section 42A (reduced rates of Class 1 contributions, and rebates)(3)—
(a)in subsection (3)(4), for “trustees or managers of the scheme” substitute “earner”, and
(b)for subsection (5A)(5), substitute—
“(5A) Where a payment under subsection (3) is due in respect of an earner, HMRC are not required to make the payment if they determine that the cost to them of administering the payment would exceed the amount of the payment.”.
(5) In section 43 (payment of minimum contributions to personal pension schemes)—
(a)in subsection (2), for “trustees or managers of the earner’s chosen scheme” substitute “earner”, and
(b)for subsection (6A)(6), substitute—
“(6A) Where a payment under subsection (1) is due in respect of an earner, HMRC are not required to make the payment if they determine that the cost to them of administering the payment would exceed the amount of the payment.”.
(6) In section 164(2) (Crown employment)(7), omit paragraph (a).
(7) In section 181(4) (general interpretation)(8), omit “31,”.
(1)
Section 20(3) was amended by article 5(2) of this instrument.
(2)
Section 33 was amended by article 5(4) of this instrument.
(3)
Section 42A was inserted by section 137 of the Pensions Act 1995 (c.26) and subsections (3) and (5) were amended by section 1 of, and paragraph 46 of Schedule 1 to, the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2).
(4)
Subsection (3) was amended by article 5(8)(a) of this instrument.
(5)
Subsection (5A) was inserted by article 5(8)(b) of this instrument.
(6)
Subsection (6A) was inserted by article 5(9) of this instrument.
(7)
Subsection (2) was substituted by article 5(18) of this instrument.
(8)
Subsection (4) was amended by section 320 of, and Part 1 of Schedule 13 to, the Pensions Act 2004 (c.35), and by article 5(22)(b) of this instrument.
Options/Help
Print Options
PrintThe Whole Instrument
PrintThe Whole Part
PrintThis Section only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
Explanatory Memorandum
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
Impact Assessments
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
- Why the government is proposing to intervene;
- The main options the government is considering, and which one is preferred;
- How and to what extent new policies may impact on them; and,
- The estimated costs and benefits of proposed measures.
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as made version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.