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The Occupational Pension Schemes (Modification of Schemes) Regulations 2006
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Statutory Instruments
2006 No. 759
PENSIONS
The Occupational Pension Schemes (Modification of Schemes) Regulations 2006
Made
14th March 2006
Laid before Parliament
16th March 2006
Coming into force
regulations 6 and 7
30th March 2006
remainder
6th April 2006
The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 67(1)(b) and (3)(b), 67C(7)(a)(ii), 67D(4) and (5), 68(2)(e) and (6), 124(1) and 174(2) and (3) of the Pensions Act 1995 M1.
The Secretary of State considered consultation inexpedient because of urgency in the case of regulations 6 to 8 M2.
The remainder of the Regulations are consequential upon section 262 of the Pensions Act 2004 M3 and are made before the end of the period of six months beginning with the coming into force of that provision M4.
Marginal Citations
M11995 c. 26. Sections 67 to 67I of the Pensions Act 1995 were substituted by section 262 of the Pensions Act 2004 (c. 35). Section 68 of the Pensions Act 1995 was amended by section 45(2) of the Child Support, Pensions and Social Security Act 2000 (c. 19), paragraph 54 of Schedule 12 to the Welfare Reform and Pensions Act 1999 (c. 30) and paragraph 56 of Schedule 12 to the Pensions Act 2004. Section 124(1) of the Pensions Act 1995 is cited because of the meaning there given to “prescribed” and “regulations”.
M2See section 120(2)(b) of the Pensions Act 1995 which provides that the requirement under section 120(1) of that Act for the Secretary of State to consult such persons as he considers appropriate before making any regulations by virtue of the provisions of Part I of that Act does not apply where he considers consultation inexpedient because of urgency.
M4See section 120(2)(d) of the Pensions Act 1995 which provides that the requirement under section 120(1) of that Act for the Secretary of State to consult such persons as he considers appropriate before making regulations by virtue of the provisions of Part 1 of that Act does not apply where regulations are consequential upon a specified enactment and are made before the end of the period of six months beginning with the coming into force of that enactment.
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