Pensions Measure 1997

2 Funded Scheme Rules.E

(1)The funded scheme shall provide for the making of rules as to the nature and amount of the pensions and lump sum payments payable under the funded scheme and for the making of amending rules.

(2)Any such rules shall be laid before the General Synod and shall not come into operation until they have been approved by the Synod.

(3)Where the [F1Business Committee] of the General Synod determine that any such rules do not need to be debated by the Synod, then, unless —

(a)notice is given by a member of the Synod in accordance with its Standing Orders that he wishes the rules to be debated; F2 ...

F2(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

the rules shall for the purposes of subsection (2) above be deemed to have been approved by the Synod F3....

Textual Amendments

F2S. 2(3)(b) and word omitted (coming into force in accordance with art. 2 of the commencing S.I.) by Pensions (Pre-consolidation) Measure 2018 (No. 2), s. 2(3), Sch. para. 18; S.I. 2018/716, art. 2

F3Words in s. 2(3) omitted (coming into force in accordance with art. 2 of the commencing S.I.) by Pensions (Pre-consolidation) Measure 2018 (No. 2), s. 2(3), Sch. para. 18; S.I. 2018/716, art. 2