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The Occupational and Personal Pension Schemes (General Levy) (Revocation) Regulations 2020
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This Statutory Instrument revokes SI 2020/195 and is being issued free of charge to all known recipients of that Statutory Instrument.
Statutory Instruments
2020 No. 355
Pensions
The Occupational and Personal Pension Schemes (General Levy) (Revocation) Regulations 2020
Made
25th March 2020
Laid before Parliament
27th March 2020
Coming into force
31st March 2020
The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 175(1) to (3) and 182(2) of the Pension Schemes Act 1993(1).
The Secretary of State considers that consultation in respect of these Regulations is inexpedient because of urgency(2).
Citation and commencement
1. These Regulations may be cited as the Occupational and Personal Pension Schemes (General Levy) (Revocation) Regulations 2020 and come into force on 31st March 2020.
Revocation of the Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2020
2. The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2020(3) are revoked.
Thérèse Coffey
Secretary of State for Work and Pensions
25th March 2020
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations revoke the Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2020 (S.I. 2020/195).
An impact assessment has not been produced for these Regulations as no, or no significant, impact on the private, voluntary or public sector is foreseen.
(1)
1993 c. 48 (“the 1993 Act”). Section 175 was substituted by section 165 of the Pensions Act 1995 (c. 26). Subsection (1) was amended by section 12(1) of the Financial Guidance and Claims Act 2018 (c. 10) and by S.I. 2010/22 and 2019/383. Subsections (1) and (3) were amended by paragraph 26 of Schedule 1 and Part 1 of Schedule 13 to the Pensions Act 2004 (c. 35). See section 181(1) for the definitions of “prescribed” and “regulations”.
(2)
See section 185(2)(d) of the 1993 Act, inserted by paragraph 80(b) of Schedule 5 to the Pensions Act 1995.
(3)
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