http://www.legislation.gov.uk/ukpga/2000/19/section/43/2001-06-08Child Support, Pensions and Social Security Act 2000An Act to amend the law relating to child support; to amend the law relating to occupational and personal pensions and war pensions; to amend the law relating to social security benefits and social security administration; to amend the law relating to national insurance contributions; to amend Part III of the Family Law Reform Act 1969 and Part III of the Family Law Act 1986; and for connected purposes.texttext/xmlenStatute Law Database2017-07-102001-06-08 Part II Pensions Chapter II Occupational and Personal Pension Schemes Selection of trustees and of directors of corporate trustees Member-nominated trustees.431Section 16 of the Pensions Act 1995 (requirements for trustees to be nominated and selected by members of the scheme) shall be amended in accordance with subsections (2) to (8) of this section.2In subsection (1) (duty of trustees to make arrangements for selection of member-nominated trustees)—athe words “(subject to section 17)” and in paragraph (b), the words “, and the appropriate rules,” shall be omitted; andbin paragraph (a), for “persons selected” there shall be substituted “the selection of persons nominated”.3In subsection (3)(a) (selected persons to be trustees), for “in accordance with the appropriate rules” there shall be substituted “as a member-nominated trustee”.4In subsection (4) (procedure for filling vacancies unfilled because of insufficient nominations), for “the appropriate rules” there shall be substituted “regulations”.5In subsection (5) (period of service as a member-nominated trustee), after “six years” there shall be inserted “but for a member-nominated trustee to be eligible for selection again at the end of any period of service as such a trustee.”6After subsection (6) there shall be inserted—6AThe arrangements must provide that, where the employer so requires, a person who is not a qualifying member of the scheme must have the employer’s approval to qualify for selection as a member-nominated trustee.7In subsection (8) (persons ceasing to be member-nominated trustees on ceasing to be qualifying members of the scheme)—afor “The arrangements must” there shall be substitutedThe arrangements— amust; andbat the end there shall be inserted; and bmay provide for a member-nominated trustee who—iis a qualifying member of one of the following descriptions, that is to say, an active, deferred or pensioner member, andiiceases (without ceasing to be a qualifying member) to be a qualifying member of that description,to cease, by virtue of that fact, to be a trustee.8After subsection (8) there shall be inserted—9Regulations may make provision in relation to arrangements under this section—asupplementing the requirements of this section as to the matters to be contained in the arrangements; andbproviding for the manner in which, and the time within which, persons are, for the purposes of the arrangements, to be nominated and selected as member-nominated trustees.10This section does not apply in the case of a trust scheme if—aevery member of the scheme is a trustee of the scheme and no other person is such a trustee;bevery trustee of the scheme is a company; orcthe scheme is of a prescribed description.9Section 17 of that Act (exceptions to section 16 where the employer’s alternative proposals are approved) shall cease to have effect.Pt. 2 Ch. 2: power to modify conferred (6.4.2006) by Pensions Act 2004 (c. 35), ss. 321(1)(e), 322 (with s. 313); S.I. 2006/560, art. 2, Sch. Pt. 3Pt. 2 Ch. 2: power to modify conferred (26.11.2008) by Pensions Act 2008 (c. 30), ss. 146(2)(d), 1491995 c. 26.
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<Number>Part II</Number>
<Title> Pensions</Title>
<Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/part/II/chapter/II/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/part/II/chapter/II" NumberOfProvisions="25" RestrictStartDate="2000-12-01" id="part-II-chapter-II">
<Number>
<CommentaryRef Ref="c21467381"/>
<CommentaryRef Ref="c21910561"/>
Chapter II
</Number>
<Title> Occupational and Personal Pension Schemes</Title>
<Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/part/II/chapter/II/crossheading/selection-of-trustees-and-of-directors-of-corporate-trustees/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/part/II/chapter/II/crossheading/selection-of-trustees-and-of-directors-of-corporate-trustees" NumberOfProvisions="5" Status="Prospective" Match="false" id="part-II-chapter-II-crossheading-selection-of-trustees-and-of-directors-of-corporate-trustees">
<Title> Selection of trustees and of directors of corporate trustees</Title>
<P1group RestrictExtent="E+W+S" RestrictEndDate="2006-04-06" Status="Dead">
<Title> Member-nominated trustees.</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43" id="section-43">
<Pnumber>43</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/1/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/1" id="section-43-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>
Section 16 of the
<CommentaryRef Ref="c11421341"/>
Pensions Act 1995 (requirements for trustees to be nominated and selected by members of the scheme) shall be amended in accordance with subsections (2) to (8) of this section.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/2/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/2" id="section-43-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>In subsection (1) (duty of trustees to make arrangements for selection of member-nominated trustees)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/2/a/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/2/a" id="section-43-2-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>the words “(subject to section 17)” and in paragraph (b), the words “, and the appropriate rules,” shall be omitted; and</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/2/b/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/2/b" id="section-43-2-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>
in paragraph (a), for “persons selected” there shall be substituted
<InlineAmendment>“the selection of persons nominated”</InlineAmendment>
.
</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/3/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/3" id="section-43-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>
In subsection (3)(a) (selected persons to be trustees), for “in accordance with the appropriate rules” there shall be substituted
<InlineAmendment>“as a member-nominated trustee”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/4/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/4" id="section-43-4">
<Pnumber>4</Pnumber>
<P2para>
<Text>
In subsection (4) (procedure for filling vacancies unfilled because of insufficient nominations), for “the appropriate rules” there shall be substituted
<InlineAmendment>“regulations”</InlineAmendment>
.
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/5/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/5" id="section-43-5">
<Pnumber>5</Pnumber>
<P2para>
<Text>
In subsection (5) (period of service as a member-nominated trustee), after “six years” there shall be inserted
<InlineAmendment>“but for a member-nominated trustee to be eligible for selection again at the end of any period of service as such a trustee.”</InlineAmendment>
</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/6/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/6" id="section-43-6">
<Pnumber>6</Pnumber>
<P2para>
<Text>After subsection (6) there shall be inserted—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P2>
<Pnumber>6A</Pnumber>
<P2para>
<Text>The arrangements must provide that, where the employer so requires, a person who is not a qualifying member of the scheme must have the employer’s approval to qualify for selection as a member-nominated trustee.</Text>
</P2para>
</P2>
</BlockAmendment>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/7/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/7" id="section-43-7">
<Pnumber>7</Pnumber>
<P2para>
<Text>In subsection (8) (persons ceasing to be member-nominated trustees on ceasing to be qualifying members of the scheme)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/7/a/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/7/a" id="section-43-7-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>for “The arrangements must” there shall be substituted</Text>
<BlockAmendment TargetClass="unknown" TargetSubClass="unknown" Context="unknown" Format="default">
<Text>The arrangements— </Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>must</Text>
</P3para>
</P3>
</BlockAmendment>
<AppendText>; and</AppendText>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/7/b/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/7/b" id="section-43-7-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>at the end there shall be inserted</Text>
<BlockAmendment TargetClass="unknown" TargetSubClass="unknown" Context="unknown" Format="default">
<Text>; and </Text>
<P3>
<Pnumber>b</Pnumber>
<P3para>
<Text>may provide for a member-nominated trustee who—</Text>
<P4>
<Pnumber>i</Pnumber>
<P4para>
<Text>is a qualifying member of one of the following descriptions, that is to say, an active, deferred or pensioner member, and</Text>
</P4para>
</P4>
<P4>
<Pnumber>ii</Pnumber>
<P4para>
<Text>ceases (without ceasing to be a qualifying member) to be a qualifying member of that description,</Text>
</P4para>
</P4>
<Text>to cease, by virtue of that fact, to be a trustee.</Text>
</P3para>
</P3>
</BlockAmendment>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/8/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/8" id="section-43-8">
<Pnumber>8</Pnumber>
<P2para>
<Text>After subsection (8) there shall be inserted—</Text>
<BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default">
<P2>
<Pnumber>9</Pnumber>
<P2para>
<Text>Regulations may make provision in relation to arrangements under this section—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>supplementing the requirements of this section as to the matters to be contained in the arrangements; and</Text>
</P3para>
</P3>
<P3>
<Pnumber>b</Pnumber>
<P3para>
<Text>providing for the manner in which, and the time within which, persons are, for the purposes of the arrangements, to be nominated and selected as member-nominated trustees.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2>
<Pnumber>10</Pnumber>
<P2para>
<Text>This section does not apply in the case of a trust scheme if—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>every member of the scheme is a trustee of the scheme and no other person is such a trustee;</Text>
</P3para>
</P3>
<P3>
<Pnumber>b</Pnumber>
<P3para>
<Text>every trustee of the scheme is a company; or</Text>
</P3para>
</P3>
<P3>
<Pnumber>c</Pnumber>
<P3para>
<Text>the scheme is of a prescribed description.</Text>
</P3para>
</P3>
</P2para>
</P2>
</BlockAmendment>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2000/19/section/43/9/2001-06-08" IdURI="http://www.legislation.gov.uk/id/ukpga/2000/19/section/43/9" id="section-43-9">
<Pnumber>9</Pnumber>
<P2para>
<Text>Section 17 of that Act (exceptions to section 16 where the employer’s alternative proposals are approved) shall cease to have effect.</Text>
</P2para>
</P2>
</P1para>
</P1>
</P1group>
</Pblock>
</Chapter>
</Part>
</Body>
</Primary>
<Commentaries>
<Commentary id="c21467381" Type="C">
<Para>
<Text>
<CitationSubRef id="c00525" URI="http://www.legislation.gov.uk/id/ukpga/2000/19/part/2/chapter/2" SectionRef="part-2-chapter-2">Pt. 2 Ch. 2</CitationSubRef>
: power to modify conferred (6.4.2006) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2004/35" id="c00526" Year="2004" Class="UnitedKingdomPublicGeneralAct" Number="35" Title="Pensions Act 2004">Pensions Act 2004 (c. 35)</Citation>
,
<CitationSubRef id="c00527" URI="http://www.legislation.gov.uk/id/ukpga/2004/35/section/321/1/e" CitationRef="c00526" SectionRef="section-321-1-e" Operative="true">ss. 321(1)(e)</CitationSubRef>
,
<CitationSubRef id="c00528" URI="http://www.legislation.gov.uk/id/ukpga/2004/35/section/322" CitationRef="c00526" SectionRef="section-322">322</CitationSubRef>
(with
<CitationSubRef id="c00529" URI="http://www.legislation.gov.uk/id/ukpga/2004/35/section/313" CitationRef="c00526" SectionRef="section-313">s. 313</CitationSubRef>
);
<Citation URI="http://www.legislation.gov.uk/id/uksi/2006/560" id="c00530" Class="UnitedKingdomStatutoryInstrument" Year="2006" Number="560">S.I. 2006/560</Citation>
,
<CitationSubRef id="c00531" URI="http://www.legislation.gov.uk/id/uksi/2006/560/article/2" CitationRef="c00530" SectionRef="article-2" Operative="true">art. 2</CitationSubRef>
,
<CitationSubRef id="c00532" URI="http://www.legislation.gov.uk/id/uksi/2006/560/schedule/part/3" CitationRef="c00530" SectionRef="schedule-part-3">Sch. Pt. 3</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="c21910561" Type="C">
<Para>
<Text>
<CitationSubRef id="c00533" URI="http://www.legislation.gov.uk/id/ukpga/2000/19/part/2/chapter/2" SectionRef="part-2-chapter-2">Pt. 2 Ch. 2</CitationSubRef>
: power to modify conferred (26.11.2008) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2008/30" id="c00534" Year="2008" Class="UnitedKingdomPublicGeneralAct" Number="30" Title="Pensions Act 2008">Pensions Act 2008 (c. 30)</Citation>
,
<CitationSubRef id="c00535" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/section/146/2/d" CitationRef="c00534" SectionRef="section-146-2-d" Operative="true">ss. 146(2)(d)</CitationSubRef>
,
<CitationSubRef id="c00536" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/section/149" CitationRef="c00534" SectionRef="section-149">149</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="c11421341" Type="M">
<Para>
<Text>
<Citation URI="http://www.legislation.gov.uk/id/ukpga/1995/26" id="c01630" Year="1995" Class="UnitedKingdomPublicGeneralAct" Number="26">1995 c. 26</Citation>
.
</Text>
</Para>
</Commentary>
</Commentaries>
</Legislation>