Draft Order laid before Parliament under section 109(2) of the Pension Schemes Act 1993 for approval by resolution of each House of Parliament

1999 No.

PENSIONS

The Guaranteed Minimum Pensions Increase Order 1999

Made1999

Coming into force6th April 1999

Whereas the Secretary of State has reviewed the general level of prices obtaining in Great Britain for the period of 12 months commencing on 1st October 1997;

And whereas it appears to him that the general level of prices was greater by 3.2 per cent. at the end of that period than it was at the beginning of that period;

And whereas a draft of the following Order was laid before Parliament and approved by a resolution of each House;

Now, therefore, the Secretary of State for Social Security, in exercise of the power conferred by section 109(4) of the Pension Schemes Act 19931 hereby makes the following Order: