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The Armed Forces Pension Scheme Order 2005

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The Armed Forces Pension Scheme Order 2005, Chapter 3 is up to date with all changes known to be in force on or before 08 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

[F1Chapter 3U.K.Reduction and waiver of liabilities

Power to reduce or waive amounts owed by a person to the Scheme managerU.K.

69.(1) The Scheme manager may reduce or waive an amount owed by a person to the Scheme under—

(a)section 14 of PSPJOA 2022, or

(b)this Schedule.

(2) When reducing or waiving an amount under sub-paragraph (1), the Scheme manager must comply with the requirements set out in direction 4(1)(a) to (c) of PSP Directions 2022 (and the reference in direction 4(1)(c) to “any Scheme regulations made by virtue of section 26(1)(b) of PSPJOA 2022” is to be read as a reference to paragraph 71).]

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