38(1)Section 4 (pensions) is amended as follows.U.K.
(2)In subsection (1)—
(a)for “Leader of the House of Commons may by order make” substitute “ IPSA may make a scheme containing ”, and
(b)for “by the order” substitute “ in the scheme ”.
(3)In subsection (2)—
(a)for “orders” substitute “ a scheme ”, and
(b)for “order” substitute “ scheme ”.
(4)In subsection (3)—
(a)for “an order” substitute “ a scheme ”, and
(b)in paragraphs (d) and (g) for “order” substitute “ scheme ”.
(5)In subsection (3A), for “An order” substitute “ A scheme ”.
(6)For subsection (4) substitute—
“(4)Before making a scheme under this section the IPSA must consult—
(a)the Treasury,
(b)the Minister for the Civil Service,
(c)persons it considers to represent those likely to be affected by the scheme,
(d)the Government Actuary, and
(e)any other person it considers appropriate.
(4A)The IPSA must send to the Speaker of the House of Commons for laying before both Houses of Parliament—
(a)any scheme made by it under this section, and
(b)a statement of the reasons for making the scheme.
(4B)When the scheme and the statement of reasons have been laid, the IPSA must publish them in a way it considers appropriate.”
(7)For subsection (5) substitute—
“(5)The IPSA must from time to time prepare a report on the operation of any provisions in force under this section, and send it to the Speaker of the House of Commons for laying before both Houses of Parliament.”
(8)After subsection (7) insert—
“(8)A scheme made by the IPSA under this section may amend or revoke any previous scheme made by the IPSA under this section.”
Commencement Information
I1Sch. 6 para. 38 in force at 1.11.2013 by S.I. 2013/2826, art. 2(b)(ii) (with art. 3)