- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
6.—(1) The Pension Protection Fund (General and Miscellaneous Amendments) Regulations 2006(1) are amended as follows.
(2) In regulation 8 (further provision for discharge of liabilities in respect of money purchase benefits), after paragraph (1) insert—
“(1A) Where, on the date that the Board assumed responsibility for the scheme, the money purchase beneficiary—
(a)had attained normal minimum pension age, or was within six months of attaining that age; or
(b)met the ill-health condition in paragraph 1 of Schedule 28 to the 2004 Act(2),
the notice given by the Board under paragraph (1) shall also include the information listed in Part 1, and paragraph 12, of Schedule 10 to the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (information on the Pensions Guidance)(3).”.
(3) In regulation 9A (PPF money purchase lump sums)(4), for paragraph (2) substitute—
“(2) The first condition is that the member has attained normal minimum pension age or meets the ill-health condition in paragraph 1 of Schedule 28 to the 2004 Act.”.
S.I. 2006/580, amended by S.I. 2013/627. There are other amendments but none is relevant.
See regulation 1(2) of S.I. 2006/580 for the meaning of “the 2004 Act”.
S.I. 2013/2734, amended by S.I. 2015/482. There are other amendments but none is relevant.
Regulation 9A was inserted by S.I. 2013/627.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: