Statutory Instruments

2005 No. 2159

PENSIONS

The Occupational Pension Schemes (Winding Up) (Modification for Multi-employer Schemes and Miscellaneous Amendments) Regulations 2005

Made

2nd August 2005

Laid before Parliament

10th August 2005

Coming into force

31st August 2005

The Secretary of State for Work and Pensions, in exercise of the powers conferred upon him by sections 56(3), 73(7), 73B(4)(a) and (b)(i) and (ii) and (5), 118(1)(a), 124(1) and 174(2) and (3) of the Pensions Act 1995(1) and of all other powers enabling him in that behalf, by this instrument, which is consequential on section 270 of the Pensions Act 2004(2) and is made before the end of the period of six months beginning with the coming into force of that section, makes the following Regulations:

(1)

1995 c. 26. Sections 73 to 73B were substituted by section 270(1) of the Pensions Act 2004 (c. 35) and modified by regulations 12 to 12B of S.I. 1996/3126. (Regulation 12 was amended by paragraph 17 of Schedule 1 to S.I. 1997/786 and modified by paragraph 6 of the Schedule to S.I. 2005/706, and regulations 12A and 12B were inserted by paragraph 7 of the Schedule to S.I. 2005/706.) Section 124(1) is cited for the meaning it gives to “prescribed” and “regulations”.

(2)

See section 120 of the Pensions Act 1995 which provides that the Secretary of State must consult such persons as he may consider appropriate before making regulations for the purposes of the provisions for the purposes of which these Regulations are made. This duty does not apply where regulations are made before the end of the period of six months beginning with the coming into force of any enactment on which the regulations are consequential.