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Energy Act 2004

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Changes over time for: Cross Heading: Modification of UKAEA pension scheme

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Changes to legislation:

Energy Act 2004, Cross Heading: Modification of UKAEA pension scheme is up to date with all changes known to be in force on or before 25 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Modification of UKAEA pension scheme U.K.

5(1)The Secretary of State may direct the UKAEA to make such modifications of a UKAEA pension scheme for the purpose of giving effect to paragraph 4 as may be specified in the direction.U.K.

(2)He may also direct the UKAEA to make such modifications as may be so specified for either or both of the following purposes—

(a)applying provisions of a UKAEA pension scheme that apply to employees of a publicly controlled company to the case of a person falling within sub-paragraph (3) who becomes a director or other officer of that company; and

(b)modifying those provisions in their application to such a case.

(3)A person falls within this sub-paragraph if, immediately before becoming a director or other officer of the company in question, he—

(a)is a participant in a UKAEA pension scheme;

(b)is eligible to become such a participant; or

(c)would be eligible to be such a participant had he attained an age, or fulfilled a condition, specified in such a scheme.

Commencement Information

I1Sch. 8 para. 5 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1

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