The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations 1995

Made: 11th January 1995

Laid before Parliament: 17th January 1995

Coming into force: 7th February 1995

The Secretary of State for Social Security, in exercise of the powers conferred upon him by sections 9(3) and (5), 19(4), 23(1), 26, 29(3), 31(1), 73(1), 113(1) and (3), 162, 181 and 182(2) and (3) of the Pension Schemes Act 1993 and of all other powers enabling him in that behalf, after consultation with the Friendly Societies Commission and after referring the proposals to make these Regulations to the Occupational Pensions Board and considering their Report, hereby makes the following Regulations:

Citation and commencement

1

These Regulations may be cited as the Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations 1995 and shall come into force on 7th February 1995.

Amendment of regulation 30 of the Occupational Pension Schemes (Contracting-out) Regulations 1984

2

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Amendment of regulation 1A of the Occupational Pension Schemes (Discharge of Liability) Regulations 1985

3

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Amendment of the Money Purchase Contracted-out Schemes Regulations 1987

4

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Amendment of Schedule 3 to the Personal Pension Schemes (Disclosure of Information) Regulations 1987

5

In sub-paragraph 2(a)(i) of Schedule 3 to the Personal Pension Schemes (Disclosure of Information) Regulations 1987 for the words “Schedule 13 to the Insurance Companies Regulations 1981" there shall be substituted the words “Schedule 10 to the Insurance Companies Regulations 1994".

Amendment of regulation 9 of the Personal and Occupational Pension Schemes (Protected Rights) Regulations 1987

6

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Amendment of the Personal Pension Schemes (Appropriate Schemes) Regulations 1988

7

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Amendment of regulation 6 of the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991

8

In regulation 6 of the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991 (means of assuring short service benefit)–

• (a) in paragraph (3), at the end, there shall be added the words “provided the terms of such policy or contract are not capable of being amended, revoked or rescinded";

• (b) in paragraph (4), for the definitions of “friendly society" and of “authorised friendly society" there shall be substituted respectively the following definitions–

“friendly society" has the same meaning as in the Friendly Societies Act 1992 (including any society which by virtue of section 96(2) of that Act is to be treated as a registered friendly society within the meaning of that Act);

; and

“authorised friendly society" means a friendly society which is authorised under section 32 of the Friendly Societies Act 1992 to carry on long term business under any of the Classes specified in Head A of Schedule 2 to that Act.

Revocation of the Occupational Pension Schemes (Friendly Societies) Regulations 1976

9

The Occupational Pension Schemes (Friendly Societies) Regulations 1976 are revoked.

Signed

Signed by authority of the Secretary of State for Social Security.

James Arbuthnot — Parliamentary Under-Secretary of State, — Department of Social Security — 1995-01-11

Explanatory note

(This note is not part of the Regulations)

Footnotes

[^f00001]: 1993 c. 48. Section 181 is cited because of the meaning ascribed to the words “prescribe” and “regulations”.

[^f00002]: See section 185(7) of the Pension Schemes Act 1993.

[^f00003]: See section 185(1) of the Pension Schemes Act 1993.

[^f00004]: S.I. 1984/380; relevant amending instruments are S.I. 1991/2273 and 1994/1062.

[^f00005]: 1982 c. 50.

[^f00006]: Section 2(6) was inserted by regulation 4(2) of S.I. 1994/1696. See also regulation 3 of S.I. 1994/3132 which extends the meaning of “Member State”.

[^f00007]: 1992 c. 40.

[^f00008]: S.I. 1985/1929; regulation 1A was inserted by regulation 3 of the Occupational Pension Schemes (Miscellaneous Amendments) Regulations 1991 (S.I. 1991/2273) and also amended by S.I. 1994/1062.

[^f00009]: S.I. 1987/1101; relevant amending instruments are S.I. 1988/474 and 1990/1141.

[^f00010]: S.I. 1994/1516.

[^f00011]: 1986 c. 60.

[^f00012]: O.J. No. L 375, 31.12.85, p. 3.

[^f00013]: S.I. 1987/1110; to which there are amendments not relevant to these Regulations.

[^f00014]: S.I. 1987/1117; relevant amending instruments are S.I. 1988/474 and 1994/1062.

[^f00015]: S.I. 1988/137; relevant amending instruments are S.I. 1988/830, 1990/1141 and 1994/1062.

[^f00016]: 1988 c. 1.

[^f00017]: S.I. 1991/167; relevant amending instrument is S.I. 1994/1062.

[^f00018]: S.I. 1976/598.

Editorial notes

[^c1788456]: 1993 c. 48. Section 181 is cited because of the meaning ascribed to the words “prescribe" and “regulations".

[^c1788457]: See section 185(7) of the Pension Schemes Act 1993.

[^c1788458]: See section 185(1) of the Pension Schemes Act 1993.

[^c1788468]: S.I. 1987/1110; to which there are amendments not relevant to these Regulations.

[^c1788472]: S.I. 1991/167; relevant amending instrument is S.I. 1994/1062.

[^c1788473]: S.I. 1976/598.

[^key-ee63dd2dfaee1c18bbe3e97b90440c9d]: Reg. 2, 4 revoked (6.4.1997) by Occupational Pension Schemes (Contracting-out) Regulations 1996 (S.I. 1996/1172), regs. 1(1), 78, Sch. 2

[^key-d2929d5a18a0c0e6e108c6a9f7216c1d]: Reg. 3 revoked (6.4.1997) by The Occupational Pension Schemes (Discharge of Liability) Regulations 1997 (S.I. 1997/784), reg. 1(1), Sch. 2

[^key-ed5b9ff0b2b2d8ac24126a0981a69fac]: Reg. 6 revoked (6.4.1997) by The Personal and Occupational Pension Schemes (Protected Rights) Regulations 1996 (S.I. 1996/1537), regs. 1(1), 18, Sch.

[^key-e5ad600fde40e26e96f19b3b74e9c232]: Reg. 7 revoked (6.4.1997) by The Personal Pension Schemes (Appropriate Schemes) Regulations 1997 (S.I. 1997/470), regs. 1(1), 20, Sch. 3