http://www.legislation.gov.uk/id/uksi/1996/778/schedule

http://www.legislation.gov.uk/uksi/1996/778/schedule/part/IV/made

The Pensions Act 1995 (Commencement No. 3) Order 1996

Occupational pensions

Insurance

Pensions

Personal pensions

King's Printer of Acts of Parliament

2019-07-09

PENSIONS

This Order provides for the coming into force of further provisions of the Pensions Act 1995 (“the Act”) on the following dates—13th March 1996, for the purpose only of authorising the making of orders under the Pension Schemes Act 1993 specifying the reduction in the rates of State scheme contributions and rebates payable in respect of members of contracted-out occupational pension schemes and appropriate personal pension schemes;13th March 1996, for the purpose only of authorising the making of certain regulations, in particular, under provisions relating to interim arrangements in relation to appropriate personal pension schemes and the discharge of protected rights by money purchase occupational pension schemes. The provisions in question are brought fully into force on 6th April 1996;1st April 1996, for provisions relating to the establishment of the Occupational Pensions Regulatory Authority;6th April 1996, for nprovisions relating to the disclosure of information by the Secretary of State, the aggregation of earnings in relation to Class 1 contributions and certain other general provisions of the Act;6th April 1996, for the purpose only of authorising the making of certain regulations under Part I of the Act concerning the regulation of occupational pension schemes, under Part III of the Act concerning contracting-out and under Part IV of the Act concerning transfer values. Provision is also made for certain provisions relating to member-nominated trustees and directors to come into force, for transitional purposes only, on 6th October 1996;1st June 1996, for the purpose only of authorising the making of regulations about contracting-out by “hybrid schemes”;6th April 1997, insofar as not already in force, for section 136 of the Act (new contracting-out requirements) and that day is designated as the principal appointed day for the purposes of Part III of the Act.

SCHEDULE

PART IVPROVISIONS OF THE ACT COMING INTO FORCE ON 6TH APRIL 1996

Provisions of the Act	Subject matter
section 119	calculations under regulations
section 120, insofar as not already in force	consultation about regulations
section 121, insofar as not already in force	Crown application
section 123(3)	meaning of “connected” and “associated” persons
section 124, insofar as not already in force	interpretation of Part I
section 148	Class 1 contributions where earner in more than one employment
section 174, insofar as not already in force	general provisions concerning regulations and orders
section 175, insofar as not already in force	Parliamentary control of regulations and orders
section 176	interpretation
Schedule 6, paragraph 9 and section 173 insofar as it relates to that paragraph	disclosure of information by the Secretary of State
in Schedule 7, Part III, the entry relating to section 48(2)(b) and (c) of the Pension Schemes Act 19932 and section 177 insofar as it relates to that entry	repeals