Search Legislation

Pensions Act 2008

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As enacted)
 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Cross Heading: Pension Schemes Act 1993 (c. 48)

 Help about opening options

Alternative versions:

Status:

This version of this cross heading contains provisions that are prospective. Help about Status

Changes to legislation:

Pensions Act 2008, Cross Heading: Pension Schemes Act 1993 (c. 48) is up to date with all changes known to be in force on or before 19 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

Prospective

Pension Schemes Act 1993 (c. 48)E+W+S

1E+W+SAfter section 175 of the Pension Schemes Act 1993 (levies towards certain expenditure) insert—

175ALevies: interest for late payment

(1)Regulations may make provision for interest to be charged at the prescribed rate in the case of late payment of a levy imposed under section 175(1).

(2)Interest is payable by or on behalf of the person or persons by or on behalf of whom the levy is payable.

(3)Interest payable by a person by virtue of this section is a debt due from the person to the Secretary of State.

(4)Interest is recoverable by the Secretary of State or, if the Secretary of State so determines, by the Regulatory Authority on the Secretary of State's behalf.

(5)Without prejudice to the generality of subsection (1), regulations under this section may include provision relating to—

(a)the collection and recovery of interest;

(b)the circumstances in which interest may be waived.

Back to top

Options/Help

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?