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Article 2
Provision of the Act | Subject matter |
---|---|
section 115(3) so far as it relates to the definition of “borrowing limit” | Board of Pension Protection Fund – borrowing |
section 126(2) | eligible schemes |
section 300(2) | dissolution of OPRA |
section 307(1)(b) and (3) | modification of the Act in relation to certain categories of schemes |
Provision of the Act | Subject matter |
---|---|
section 59(2) | power to prescribe “registrable scheme” |
section 117(1), (3) and (7)(a) | administration levy |
section 126(1)(b) and (5) | eligible schemes |
section 174(1) to (3) | initial levy |
section 181(5) and (8) | calculation, collection and recovery of levies |
section 189(11)(a) | fraud compensation levy |
section 209(7) and (8) | PPF Ombudsman – levy |
Schedule 1, paragraph 26, and section 3 in so far as it relates to that paragraph | the Pensions Regulator – collection of levy |
Schedule 12, paragraph 28, and section 319(1) in so far as it relates to that paragraph | consequential amendment |
Schedule 13, in so far as it relates to the repeal relating to section 175 of the 1993 Act, and section 320 in so far as it relates to that repeal | repeal |
Provisions of the Act | Subject matter |
---|---|
section 10(5)(a) | functions exercisable by the determination panel |
section 19(7) | pension liberation: court’s power to order restitution |
section 21(4) | pension liberation: repatriation orders |
section 23(10), paragraph (b)(i) of the definition of “the actuary” | freezing orders |
section 24(7)(a) | consequences of freezing order |
section 30(7)(c) | power to give a direction where freezing order ceases to have effect |
section 36(2) and (3) | independent trustees |
section 38(1)(b) | contribution notices where avoidance of employer debt |
section 43(1)(b), (3)(c) and (9) | financial support directions |
section 44(3)(a) and (4) | meaning of “service company” and “insufficiently resourced” |
section 45(2)(b) | meaning of “financial support” |
section 52(1)(b) and (7)(a) | restoration orders where transactions at an undervalue |
section 57(1) to (4) | sections 39 to 56: partnerships and limited liability partnerships |
section 60(2)(h) and (3) | registrable information |
section 61(1) to (3) | the register: inspection, provision of information and reports etc |
section 69(2), (3)(a)(ii) and (b)(ii) and (5) | duty to notify the Regulator of certain events |
section 93(2)(q) | The Regulator’s procedure in relation to its regulatory functions |
section 97(5)(u) | special procedure: applicable cases |
section 102(3) | the Pensions Regulator Tribunal |
section 103(1)(c) | references to the Tribunal |
section 104(6) | appeal on a point of law |
section 106 (1) to (4) | legal assistance scheme |
section 114(1)(b), (3) and (4) | statement of investment principles relating to the Board of the Pension Protection Fund |
section 120(3) and (4) | duty to notify insolvency events in respect of employers |
section 121(5) | insolvency event, insolvency date and insolvency practitioner |
section 122(3), (5) and (8) | insolvency practitioner’s duty to issue notices confirming status of scheme |
section 123(5) | approval of notices issued under section 122 |
section 125(4)(a) | binding notices confirming status of scheme |
section 126(3) | eligible schemes |
section 129(1)(b), (3) and (8) | applications and notifications for the purposes of section 128 |
section 130(5) and (8) | Board’s duty where application or notification received under section 129 |
section 133(3) | admission of new members, payment of contributions, etc. |
section 134(3) in so far as it relates to paragraph (iii) of the definition of “relevant person” in paragraph (a) | directions |
section 135(4) | restrictions on winding up, discharge of liabilities, etc. |
section 138(10)(b) and (12) | payment of scheme benefits |
section 139(6) | loans to pay scheme benefits |
section 140(3)(b) and (6) | reviewable ill health pensions |
section 141(2) and (6) | effect of a review |
section 143(3) to (5) and (11) in so far as it relates to paragraphs (i) and (ii)(a) of the definition of “actuarial valuation” in paragraph (a) | Board’s obligation to obtain valuation of assets and protected liabilities |
section 145(4) | binding valuations |
section 146(1) and (5) | schemes which become eligible schemes |
section 147(1)(a) and (5) | new schemes created to replace existing schemes |
section 148(8) | withdrawal following issue of section 122(4) notice |
section 150(5) and (6)(a) to (c) | consequences of the Board ceasing to be involved with a scheme |
section 151(4), (6), (8) in so far as it relates to paragraph (b) of the definition of “audited scheme accounts” and (9)(b) | application for reconsideration |
section 152(4) and (8) | duty to assume responsibility following reconsideration |
section 167(1) | modification of chapter where liabilities discharged during assessment period |
section 179(1)(a), (2) in so far as it relates to paragraph (b)(i) of the definition of “the actuary” and (3) | valuations to determine scheme underfunding |
section 190 | information to be provided to the Board etc |
section 203(1) | provision of information to members of schemes etc |
section 206(2) to (4) | meaning of “reviewable matters” |
section 207 | review and reconsideration by the Board of reviewable matters |
section 208(1) and (3) to (6) | investigation by the Board of complaints of maladministration |
section 209(4)(a) to (d), (f) and (g) | PPF Ombudsman |
section 210(6) | deputy PPF Ombudsman |
section 258(2)(c)(ii) and (7) in so far as it relates to the definition of “relevant contributions” | form of pension protection on transfer of employment |
section 270 | winding up |
section 271 | debt due from the employer when assets are insufficient |
section 272(1) to (4) | debt due from employer in the case of multi-employer schemes |
section 307(1)(a) and (c) | modification of the Act in relation to certain categories of schemes |
section 318(4)(a) | general interpretation – meaning of “employer” |
Schedule 4, paragraph 9 and section 102 in so far as it relates to that paragraph | tribunal procedure |
Schedule 7, paragraphs 4(4), 6(4), 9(4), 12(4)(a), 13(4), 16(3)(b), 17(4)(a), 18(4), 20(4), (7) and (8), 23, 24(1), (2) and (6), 25(1), 26(7) only so far as it relates to paragraph (a) of the definition of “the compensation cap”, (9) and (10), 28(6) and (7), 31(2) and (3), 33, and 37(4, and section 162 in so far as it relates to those paragraphs | pension compensation provisions |
Provision of the Act | Subject matter |
---|---|
section 11 | annual report to the Secretary of State |
section 112(4)(a), (7) and (8) | non-executive functions |
section 117(4) | administration levy |
Schedule 1 paragraph 27 and section 3 in so far as it relates to that paragraph | The Pensions Regulator – accounts |
Schedule 12, paragraphs 2 and 8, and section 319(1) in so far as it relates to those paragraphs | consequential amendments to the Superannuation Act 1972 (c. 11) and the Tribunals and Inquiries Act 1992 (c. 53) |
Provision of the Act | Subject matter |
---|---|
section 115(1), (2), (3) in so far as it is not already brought into force by this Order, and (4) | Pension Protection Fund borrowing |
section 307(2) and (4) | modification of the Act in relation to certain categories of schemes |
Provisions of the Act | Subject matter |
---|---|
section 117(2)(a), (5) and (6) | administration levy |
section 126(1)(a) | eligible schemes |
section 181(1)(a), (2)(a), (3), (4), (6) and (7) | calculation, collection and recovery of levies |
Provisions of the Act | Subject matter |
---|---|
In so far as not already brought into force, sections 19, 21, 23, 24, 30, 36, 38 except subsections (4) and (7)(g), 43 except subsection (7)(e), 44, 45, 52, 57, 59 to 61, 69, 93, 97, 102, 103, 104, 106, 114, 120, 122, 123, 125, 126, 129, 130, 133, 134 except subsection (2)(d), 135, 138 except subsection (10)(a), 139, 140, 141, 143, 145 to 148, 150 except subsection (6)(d), 151 except paragraph (a) in the definition of “audited scheme accounts” and (12)(a), 152, 167, 179 except subsection (1)(b), 203, 206 except subsection (5), 208 and 258 | provisions relating to the Pensions Regulator, the Board of the Pension Protection Fund and miscellaneous provisions |
section 2(3) | membership of the Regulator |
section 4(1)(a), (2) and (3) | Regulator’s functions |
section 5(1) and (2) | Regulator’s objectives |
section 7 | transfer of Opra’s functions to the Regulator |
section 8, in so far as not already brought into force | non-executive functions |
sections 13 to 17 | new powers in respect of occupational and personal pension schemes |
section 18, except subsections (3)(b) and (4)(b) | pension liberation: interpretation |
section 20(1), (2), (3)(a) and (b) and (4) to (11) | pension liberation: restraining orders |
section 22 | powers to wind up occupational pension schemes |
sections 25 to 29, 31 and 32 | provisions relating to freezing orders |
sections 33 to 35 and 37 | trustees of occupational pension schemes |
sections 39, 40, 41(1) to (9), (10)(a) to (e), (11) and (12), and 42(1), (2)(a) and (b) and (3) to (5) | contribution notices where avoidance of employer debt |
section 46 | financial support directions: clearance statements |
section 47(1) to (3), (4)(a) to (f), and (5) | contribution notices where non-compliance with financial support direction |
sections 48 and 49 | the sum specified in a section 47 contribution notice, content and effect of such a notice |
section 50(1) to (9), (10)(a) to (e) and (11) | section 47 contribution notice: relationship with employer debt |
section 51 | sections 43 to 50: interpretation |
sections 53 to 56 | transactions at an undervalue |
section 58 | Regulator’s right to apply under section 423 of Insolvency Act 1986 |
sections 62 to 68 | register of schemes, register of prohibited trustees and collecting information relevant to the PPF |
sections 70 to 89 (except section 86(2)) | duty to report breaches of the law, provisions on reports and on information |
section 90(1), (2)(a) to (j) and (3) to (7) | codes of practice |
section 91(10) to (12) | procedure for issue and publication of codes of practice |
section 92 | revocation of codes of practice |
section 94 | publication of procedure in relation to regulatory functions |
section 95(1)(a) and (b)(i), (2) and (3) | application of standard and special procedure |
section 96(1) to (5), (6)(a) to (t) and (v) | standard procedure |
sections 98 to 100 | special procedure, compulsory review, and duty to have regard to the interests of members etc |
section 101(1), (2)(a) to (c) and (3) to (5) | powers to vary or revoke orders, notices or directions etc |
section 105 | redetermination etc by the Tribunal |
section 108(4) | membership of the Board |
section 110(1)(a) | the Board’s functions |
section 112(5) and (6) | non-executive functions |
section 113 | investment of funds relating to the Board of the Pension Protection Fund |
section 119 | annual reports to the Secretary of State |
section 121(1) to (4), (6), (8), (9)(a), (10) and (11) | insolvency event, insolvency date and insolvency practitioner |
section 124 | Board’s duty where there is a failure to comply with section 122 |
section 127 | duty to assume responsibility for schemes following insolvency event |
section 128 | duty to assume responsibility for schemes following application or notification |
section 131 | protected liabilities |
section 132 except subsection (6) | assessment periods |
section 136 | power to validate contraventions of section 135 |
section 137 | |
section 142 | definitions |
section 144 | approval of valuation |
section 149 | circumstances in which Board ceases to be involved with an eligible scheme |
section 154(1), (2)(a) and (c), and (6) to (15) | requirement to wind up schemes with sufficient assets to meet protected liabilities |
section 160(1) to (3), (5), (6), and (7) in so far as it relates to section 172(1) | transfer notice |
section 161(2)(c) | effect of Board assuming responsibility for a scheme |
section 172(1) | relationship with fraud compensation |
section 173(1)(c) to (e), (g) to (i) and (3)(b) to (d), (h) and (i) | Pension Protection Fund |
section 175(2)(a)(i) and (iii) and (3)(a) | definition of risk-based pension protection levy |
section 192, and section 193 in so far as it relates to section 192 | entry of premises, and penalties |
section 194 | warrants |
section 195 | offence of providing false or misleading information to the Board |
section 196 | use of information |
sections 197 to 202 | disclosure of information |
section 204(1) and (2) | interpretation |
section 205 | reports |
section 209(6) | PPF Ombudsman |
sections 210(4) and (5) and 211 | Deputy PPF Ombudsmen |
section 219 | backdating the winding up of eligible schemes |
section 257 | pension protection on transfer of employment |
section 263 | short service benefit |
section 265 | paternity leave and adoption leave |
section 266 | inalienability of occupational pension |
section 272(13) and (14) | debt due from the employer in the case of multi-employer schemes |
section 275 | jurisdiction |
section 276 | investigations |
sections 278 to 280 | annual increases in rates of pension |
section 282 | meaning of “working life” in Pension Schemes Act 1993 |
section 285 | meaning of “stakeholder pension scheme” |
section 298(4) and (5)(b) | disclosure of state pension information |
section 300(3) to (5) | dissolution of OPRA |
section 301 | transfer of employees from OPRA to the Regulator |
Schedule 1, paragraphs 20(1), (2) and (4) to (7), 24, 25, 28, 33, 35(4)(a) and (b) and 35(5) in so far as it relates to paragraph 35(4)(a) and (b), and section 3 in so far as it relates to those paragraphs | the Pensions Regulator |
Schedule 3 | restricted information held by the Regulator: certain permitted disclosures to facilitate exercise of functions |
Schedule 4, paragraphs 8, 10 to 16, and 19 to 21 | the Pensions Regulator Tribunal |
Schedule 5, paragraphs 18(2)(f) to (h), 19, 22(1) to (3) and (5) to (7) and 23(a), and section 109 in so far as it relates to those paragraphs | the Board of the Pension Protection Fund |
Schedule 7, and section 162, in so far as not already brought into force | pension compensation provisions |
Schedule 9, paragraphs 1 to 19 | reviewable matters |
Schedule 12, paragraphs 1, 5(1) and (3), 6, 24(a) and (c), 25, 26, 76(2)(a) and (4) and 79, and section 319(1) insofar as it relates to those paragraphs | consequential amendments |
Schedule 13, in so far as it relates to—
and section 320 in so far as it relates to those provisions | repeals |
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