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The Pensions Act 2014 (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order 2016
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Amendment of the Occupational Pension Schemes (Validation of Rule Alterations) Regulations 1998
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14.—(1) The Occupational Pension Schemes (Validation of Rule Alterations) Regulations 1998(1) are amended as follows.
(2) In regulation 1(2) (interpretation), omit the definition of “contracted-out scheme”.
(3) In regulation 2 (validation of rule alterations made before 6th April 1997)(2)—
(a)in paragraph (1)(a), for “contracted-out scheme” substitute “scheme, which was at the time of the alteration a contracted-out scheme,” and
(b)in paragraph (2), for “a contracted-out” substitute “such a”.
(1)
(2)
Regulation 2 was amended by section 1(2) of, and Schedule 2 to, the Social Security Contributions (Transfer of Functions, etc.) Act 1999.
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