The Occupational and Personal Pension Schemes (Authorised Payments) Amendment Regulations 2009

Statutory Instruments

2009 No. 2930

Pensions

The Occupational and Personal Pension Schemes (Authorised Payments) Amendment Regulations 2009

Made

2nd November 2009

Laid before Parliament

9th November 2009

Coming into force

1st December 2009

The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 12C(1)(c), 21(1), 28(4), 32A(2)(c), 71(6), 101C(2), 181(1), 182(2) and (3) and 183(1) of the Pension Schemes Act 1993(1), sections 74(3)(e), 91(5)(c)(ii) and (iii), 124(1) and 174(2) and (3) of the Pensions Act 1995(2) and section 83(4) and (6) of, and paragraph 7(4) of Schedule 5 to, the Welfare Reform and Pensions Act 1999(3).

In accordance with section 185(1) of the Pension Schemes Act 1993(4), section 120(1) of the Pensions Act 1995 and section 83(11) of the Welfare Reform and Pensions Act 1999, the Secretary of State has consulted with such persons as the Secretary of State considers appropriate(5).

(1)

1993 c.48. Section 12C was inserted by section 136(5) of the Pensions Act 1995 (c.26). Section 21(1) was substituted by section 284(1) of the Pensions Act 2004 (c.35). Section 28(4) was amended by paragraph 3(2) of Schedule 5 to the Child Support, Pensions and Social Security Act 2000 (c.19) and section 284(3) of the Pensions Act 2004. Section 32A(2)(c) was inserted by section 146(1) of the Pensions Act 1995. Section 101C was inserted by section 37 of the Welfare Reform and Pensions Act 1999 (c.30). Section 181(1) is cited because of the meaning it gives to “prescribe” and “regulations”. Section 183(1) was amended by paragraph 79 of Schedule 5, and paragraph 15(a) of Schedule 6, to the Pensions Act 1995.

(2)

1995 c.26. Section 74(3)(e) was inserted by section 270(2)(c) of the Pensions Act 2004. Section 91(5) was amended by paragraph 57(4)(a) of Schedule 12 to the Welfare Reform and Pensions Act 1999 and section 91(5)(c)(ii) was amended by S.I. 2005/2053. Section 124(1) is cited because of the meaning it gives to “prescribed” and “regulations”.

(3)

1999 c.30.

(4)

Section 185(1) was amended by paragraph 46 of Schedule 3, and paragraph 80(a) of Schedule 5, to the Pensions Act 1995.

(5)

Some of the provisions in these Regulations were included in the draft Occupational, Personal and Stakeholder Pensions (Miscellaneous Amendments) Regulations 2009 (S.I. 2009/615), which were consulted upon from 8th December 2008 to 30th January 2009. They were removed from those Regulations before they were made and placed into these Regulations.