2009 No. 406 (C. 27)

Pensions

The Pensions Act 2007 (Commencement No.3) Order 2009

Made

The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by section 30(2) of the Pensions Act 20071.

Citation1

This Order may be cited as the Pensions Act 2007 (Commencement No.3) Order 2009.

Appointed day2

The day appointed for the coming into force of section 14 of the Pensions Act 2007 (conversion of guaranteed minimum pensions) is—

a

for the purpose of conferring power to make regulations, 1st March 2009, and

b

for all other purposes, 6th April 2009.

Signed by authority of the Secretary of State for Work and Pensions.

William D.McKenzie.Parliamentary Under-Secretary of State,Department for Work and Pensions
EXPLANATORY NOTE

(This note is not part of the Order)

This Order brings into force section 14 of the Pensions Act 2007 (c.22) on 1st March 2009 for the purpose of making regulations and on 6th April 2009 for all other purposes. Section 14 introduces new provisions to allow Guaranteed Minimum Pensions to be converted into other pension benefits.

A full Impact Assessment has not been produced for this Order as no impact on the private or voluntary sectors is foreseen.

NOTE ON EARLIER COMMENCEMENT ORDERS

(This note is not part of the Order)

The following provisions of the Pensions Act 2007 were brought into force by Statutory Instrument before this Order was made.

Provision

Date of Commencement

S.I. Number

section 17

1st November 2007

2007/3063

section 18 (partially)

14th December 2007

2007/3512

section 27 (partially)

1st November 2007

2007/3063

Schedule 5

1st November 2007

2007/3063

Schedule 7 (partially)

1st November 2007

2007/3063