76(1)Paragraph 1 of Schedule 1 (application of enactments relating to occupational schemes to certain stakeholder schemes) is amended as follows.E+W+S
(2)In sub-paragraph (2), in paragraph (b)—
(a)in sub-paragraph (i) for the words from “except” to the end substitute “except sections 7(5A)(b), 8(1)(a) and (c) and (2), 11(3A) and (3B) and 15(1),
(b)in sub-paragraph (ii) for “31” substitute “ 30 ”,
(c)in sub-paragraph (iii) omit the words from “except” to the end,
(d)for sub-paragraph (v) substitute—
“(v)section 47 (professional advisers);”, and
(e)in sub-paragraph (vii) for “section 50” substitute “ sections 50 to 50B ”.
(3)After that paragraph insert “; and
(c)the following provisions of the Pensions Act 2004—
(i)section 67 (accessibility of register of prohibited trustees);
(ii)Chapters 4 and 5 of Part 2 (fraud compensation and information gathering);
(iii)sections 247 to 249 (requirements for knowledge and understanding); and
(iv)section 318 (interpretation).”
(4)In sub-paragraph (5), after “1995 Act” insert “ , and section 318(1) of the Pensions Act 2004, ”.
(5)After sub-paragraph (5) insert—
“(6)Chapters 4 and 5 of Part 2 of the Pensions Act 2004 (as applied by sub-paragraph (1)) shall have effect with such modifications as the Secretary of State may prescribe by regulations.”
Commencement Information
I1Sch. 12 para. 76(2)(a)(4) in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7
I2Sch. 12 para. 76(3) in force at 30.6.2005 for specified purposes in so far as it relates to sections 67 and 318 of the Act by S.I. 2005/1720, art. 2(12)
I3Sch. 12 para. 76(3) in force at 1.9.2005 for specified purposes by S.I. 2005/1720, art. 2(16), Sch. Pt. 3
I4Sch. 12 para. 76(3) in force at 1.9.2005 for specified purposes by S.I. 2005/2447, art. 2(4), Sch. Pt. 1
I5Sch. 12 para. 76(5) in force at 1.9.2005 for specified purposes by S.I. 2005/1720, art. 2(3)(b)