Pension Schemes Act 2021

This section has no associated Explanatory Notes

3(1)Section 176(1) (general interpretation) is amended as follows.N.I.

(2)At the appropriate place insert—

collective money purchase benefit” has the meaning given by section 52 of the Pension Schemes Act 2021;.

(3)In the definition of “money purchase benefits”—

(a)for “means benefits” substitute means—

(a)benefits;

(b)at the end insert , and

(b)collective money purchase benefits;.

Commencement Information

I1Sch. 4 para. 3 in force at Royal Assent for specified purposes, see s. 131(3)(a)

I2Sch. 4 para. 3 in force at 1.8.2022 in so far as not already in force by S.R. 2022/197, art. 3(a)