SCHEDULE

Article 2

Part IProvisions coming into Operation on 14th March 1996 for the purpose only of Authorising the making of Orders

Provisions of the Order

Subject Matter

Article 134(1) to (4)

State scheme contributions and rebates

Article 135(5)

Minimum contributions towards appropriate personal pension schemes

Part IIProvisions coming into Operation on 14th March 1996 for the purpose only of Authorising the Making of Regulations and on 6th April 1996 for all other purposes

Provisions of the Order

Subject Matter

Article 137(2)

Reduction in State benefits for members of money purchase contracted-out schemes and appropriate schemes

Articles 139 to 141

Interim arrangements giving effect to protected rights

Article 143

Discharge of protected rights on winding up: insurance policies

Part IIIProvisions coming into Operation on 6th April 1996

Provisions of the Order

Subject Matter

Article 116

Calculations under regulations

Article 117 in so far as it is not already in operation

Consultations about regulations

Article 118 in so far as it is not already in operation

Crown application

Article 120(2)

Meaning of “connected” and “associated” persons

Article 121 in so far as it is not already in operation

Interpretation of Part II of the Order

Article 145

Class 1 contributions where earner in more than one employment

Article 166 in so far as it is not already in operation

General provisions concerning orders and regulations

Article 167 in so far as it is not already in operation

Assembly, etc. control of orders and regulations

Schedule 4, paragraph 9 and Article 165 in so far as it relates to that paragraph

Disclosure of information by the Department

In Part III of Schedule 5, the entry relating to section 44(2)(b) and (c) of the Pension Schemes (Northern Ireland) Act 19932 and Article 168 in so far as it relates to that entry

Repeals

Part IVProvisions coming into Operation on 6th April 1996 for the purpose only of Authorising the Making of Regulations

Provisions of the Order

Subject Matter

Article 10(2) and (3)

Civil penalties

Articles 16 to 21

Member-nominated trustees and directors

Article 27

Trustee not to be scheme auditor or actuary

Article 32

Decisions by majority of trustees

Article 33

Investment powers: duty of care

Article 35

Investment principles

Article 37

Payment of surplus to employer

Article 38

Power to defer winding up

Article 40

Restriction on employer-related investments

Article 41

Provision of documents for members

Article 47

Professional advisers

Article 49

Receipts, payments and records

Article 50

Resolution of disputes

Article 51

Annual increase in rate of pension

Articles 56 to 61

Minimum funding requirement

Article 67

Restriction on powers to alter schemes

Article 68

Power of trustees to modify schemes by resolution

Article 69

Grounds for applying to Authority for modification orders

Article 73

Preferential liabilities on winding up

Article 74(2), (3) and (5)(b)

Discharge of liabilities by insurance, etc.

Article 75

Deficiencies in the assets

Article 76

Excess assets on winding up

Article 77

Excess assets remaining after winding up: power to distribute

Articles 85 to 87

Money purchase schemes

Articles 89 to 93

Assignment, forfeiture, bankruptcy, etc.

Article 133

New requirements for contracted-out schemes

Article 134

State scheme contributions and rebates

Article 136

Money purchase and personal pension schemes: verification of ages

Article 137(1)

Reduction in State benefits for members of certified schemes

Article 138

State scheme, etc. premiums and buyback into State scheme

Articles 148 to 150

Transfer values

Article 151 for the purpose only of authorising the making of regulations relating to section 109 of the Pension Schemes Act

Penalties for breach of regulations under the Pension Schemes Act

Schedule 1, paragraph 36(a)(ii) and Article 119 in so far as it relates to that paragraph

Amendments consequential on Part II of the Order

Schedule 3, paragraph 14 (in so far as it relates to sections 7(5)(d), 30(2)(a), 46(4) and 159(6) of the Pension Schemes Act), paragraph 15(a) (in so far as it relates to section 3(1) of that Act) and paragraphs 21(a), 26(b), 27(b), 28, 30, 32, 37(b), 38, 40(c), 41(a), 55, 60(c) and 70 and Article 147 in so far as it relates to the above mentioned paragraphs

Amendments relating to Part IV, etc. of the Order

Schedule 4, paragraphs 6, 7 and 8(c) and (e) and Article 165 in so far as it relates to those paragraphs

General minor and consequential amendments