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The Personal and Occupational Pension Schemes (Modification of Enactments) Regulations 1987
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- UK Statutory Instruments
- 1987 No. 1116
- SCHEDULE 5
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Regulation 3(11)
SCHEDULE 5MODIFICATIONS SUBJECT TO WHICH PARAGRAPH 6 OF SCHEDULE 2 TO THE SOCIAL SECURITY PENSIONS ACT 19755(1) IS TO HAVE EFFECT IN RELATION TO PERSONAL PENSION SCHEMES
1. In sub-paragraph (3)(bb), the substitution, for “Part III of this Act”, of “Part I of the Social Security Act 1986”.
2. In sub-paragraph (3)(c), the omission of the words after “another premium”.
3. In sub-paragraph (4)(a), the substitution, for “extinguishing accrued rights to guaranteed minimum pensions and rights to receive such pensions a state scheme premium”, of “extinguishing protected rights and reducing any guaranteed minimum pension to which a person is treated as entitled, a personal pension protected rights premium”.
(1)
1975 c. 60. Sub-paragraphs (3)(bb) and (4) were inserted into paragraph 6 of Schedule 2 by the Social Security Act 1980 (c. 30), section 3(12).
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