SCHEDULES

E1 SCHEDULE 6 General minor and consequential amendments

Annotations:
Extent Information
E1

Sch 6: The amendment by this Act of an enactment which extends to Northern Ireland extends also to Northern Ireland see s. 178(1)(2)(3).

The Pension Schemes Act 1993 (c. 48)

I1I24

In section 97 (calculation of cash equivalents)—

a

in subsection (2)(a) after “cash equivalents” there is inserted “ except guaranteed cash equivalents ”,

b

in subsection (3)(b), for the words from “the date” to the end there is substituted “ the appropriate date ”, and

c

after that subsection there is inserted—

3A

For the purposes of subsection (3), the “appropriate date”—

a

in the case of a salary related occupational pension scheme, is the guarantee date (within the meaning of section 93A), and

b

in any other case, is the date on which the trustees receive an application from the member under section 95.