PART 1Collective money purchase benefits
Definitions
6Amendment of definitions of “money purchase benefits” etc
1
Schedule 1 contains amendments of definitions of “money purchase benefits” in—
a
Schedule 10A to the Building Societies Act 1986 (disclosures about directors, other officers and employees in notes to accounts);
b
the Pension Schemes Act 1993;
c
Part 1 of the Pensions Act 2008 (pension scheme membership for jobholders).
2
In section 32 of the Pensions Act 2011 (power to amend definitions of “money purchase benefits” in certain Acts)—
a
in subsection (1)—
i
for “purpose the” substitute
purpose—
a
the
ii
at the end insert
, or
b
section 2 of the Pension Schemes Act 2021 (collective money purchase benefits: meaning of “qualifying benefits”).
b
in subsection (2), at the end insert “or by Schedule 1 to the Pension Schemes Act 2021”.