Statutory Instruments
Pensions
Made
23rd February 2010
The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by sections 144(4) and 149(1) of the Pensions Act 2008(1).
1. This Order may be cited as the Pensions Act 2008 (Commencement No. 6) Order 2010.
2. The following provisions of the Pensions Act 2008 come into force on 26th February 2010—
(a)section 129 (interest on late payment of levies) in so far as it relates to paragraphs 4 and 5 of Schedule 10, and
(b)paragraphs 4 and 5 of Schedule 10 (interest on late payment of levies) and paragraph 2 of that Schedule in so far as it relates to paragraphs 4 and 5.
Signed by authority of the Secretary of State for Work and Pensions.
Angela Eagle
Minister of State,
Department for Work and Pensions
23rd February 2010
(This note is not part of the Order)
This Order brings into force paragraphs 4 and 5 of Schedule 10 to the Pensions Act 2008 (c.30) (and paragraph 2 and section 129 as far as necessary to bring into force those paragraphs). Those paragraphs insert section 181A into the Pensions Act 2004 (c.35). Section 181A enables a Statutory Instrument to be made which provides for interest to be charged in the case of late payment of a pension protection levy. That levy is payable by certain defined benefit pension schemes to the Board of the Pension Protection Fund.
A full Impact Assessment has not been produced for this Order as it has no impact on the private or voluntary sectors.
(This note is not part of the Order)
The following provisions of the Pensions Act 2008 are brought into force by Statutory Instruments which were made before this Order was made.
| Provision | Date of Commencement | S.I. No. |
|---|---|---|
| sections 62 to 64 | 26th January 2009 | 2009/82 |
| section 74 | 1st July 2009 | 2009/1566 |
| section 75 (for all remaining purposes) | 5th July 2010 | 2010/10 |
| section 76 | 5th July 2010 | 2010/10 |
| section 99 | 5th July 2010 | 2010/10 |
| section 100 | 6th April 2009 | 2009/82 |
| section 101 (partially) | 6th April 2009 | 2009/82 |
| section 101 (for all other purposes) | 6th April 2009 | 2009/809 |
| section 122 (partially) | 1st April 2009 | 2009/809 |
| section 124(2) and (6) (partially) | 19th December 2008 | 2008/3241 |
| section 126 (for all remaining purposes) | 29th June 2009 | 2009/1566 |
| section 128 | 26th January 2009 | 2009/82 |
| section 130 | 6th April 2009 | 2009/82 |
| section 132 | 26th January 2009 | 2009/82 |
| section 138 | 26th January 2009 | 2009/82 |
| section 139 | 6th April 2009 | 2009/82 |
| section 148 (partially) | 6th April 2009 | 2009/82 |
| Schedule 1 (for all remaining purposes) | 5th July 2010 | 2010/10 |
| Schedule 2 Parts 1 and 3 | 6th April 2009 | 2009/82 |
| Schedule 2 Part 2 | 6th April 2009 | 2009/809 |
| Schedule 8 (partially) | 1st April 2009 | 2009/809 |
| Schedule 9 (for all remaining purposes) | 29th June 2009 | 2009/1566 |
| Schedule 11 Part 2 | 6th April 2009 | 2009/82 |