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The Occupational and Personal Pension Schemes (Consequential Amendments) Regulations 1994

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The Personal and Occupational Pension Schemes (Abatement of Benefit) Regulations 1987(1)

18.—(1) The Personal and Occupational Pension Schemes (Abatement of Benefit)

Regulations 1987 shall be amended as follows—

(2) In regulation 1(2)—

(a)omit the definition of “minimum contributions”;

(b)for the definition of “the Pensions Act” substitute—

the Act” means the Pension Schemes Act 1993;

(c)for the definition of “rebate percentage” substitute ““rebate percentage” means the percentage arrived at by adding the percentage mentioned in paragraph (a) of section 41(1) of the Act to that mentioned in paragraph (b) of that section”;

(d)in the definition of “relevant year” for “section 35” substitute “section 14(8)”.

(3) For “the Pensions Act”, wherever it occurs, substitute “the Act”.

(4) In regulations 2(1) and (3), 3(1), 4(1) and (3) and 5(1) for “sections 16(2B), 28(7A) and 59(1A) of the Social Security Act 1975 and section 29” and in regulations 3(3) and 5(3) for “section 16(2B), 28(7A) and 59(1A) of the Social Security Act 1975 and section 29” substitute “section 46”.

(5) In regulations 2(2)(a) and 4(2)(a) for “section 32(2)(a) and (b)” substitute “section 9(2)”.

(6) In regulation 2(2)(b) for “section 35(1)” substitute “section 14(1)”.

(7) In regulations 2(2)(c) and 4(2)(c) for “section 35(7)” substitute “section 16(2) and (3)”.

(8) In regulations 3(2) and 5(2) for “section 36(6)” and “section 36(7A)” substitute respectively “section 17(5)” and “section 17(6)”.

(1)

S.I. 1987/1113.

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