1(1)The provisions specified in sub-paragraph (2) shall apply as if any pension scheme established under a trust which—E+W+S
(a)is not an occupational pension scheme, but
(b)is or has been registered under section 2,
were an occupational pension scheme.
(2)The provisions are—
F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)the following provisions of Part I of the 1995 Act—
(i)sections 3 to 11F2... and 15 (supervision by the Authority) [F3except sections 7(5A)(b), 8(1)(a) and (c) and (2), 11(3A) and (3B) and 15(1),];
(ii)sections 27 to [F430] (trustees: general);
(iii)sections 32 to 36 and 39 (functions of trustees) F5...;
(iv)section 41 (functions of trustees or managers);
[F6(v)section 47 (professional advisers);]
(vi)section 49 (receipts, payment and records) except subsections (5) and (8) to (13);
(vii)section 50 (resolution of disputes);
(viii)section 68 (power of trustees to modify scheme by resolution) except subsection (3);
F7(ix). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(x)sections 91, 92 and 94 (assignment and forfeiture etc.) except section 91(5)(d);
F8(xi). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F8(xii). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F8(xiii). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(xiv)section 117 (overriding requirements); and
(xv)sections 124 and 125 (interpretation)[F9; 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).]
(3)Section 47(9) of the 1995 Act (as applied by sub-paragraph (1)) shall have effect as if the reference to any person who is or has been the employer were a reference to any person who, in pursuance of section 3(5), is or has been required—
(a)to deduct an employee’s contributions to the scheme from his remuneration; and
(b)to pay them to the trustees or managers of the scheme or to a prescribed person.
(4)Section 68 of the 1995 Act (as so applied) shall have effect as if the purposes specified in subsection (2) included enabling the conditions set out in section 1 to be fulfilled in relation to the scheme.
(5)Section 124(1) of the 1995 Act[F10, and section 318(1) of the Pensions Act 2004,] (as so applied) shall have effect as if the definition of “member” were omitted.
[F11(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.]
Textual Amendments
F1Sch. 1 para. 1(2)(a) repealed (1.4.2005) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 13; S.I. 2005/695, art. 2(6)
F2Word in Sch. 1 para. 1(2)(b)(i) repealed (6.4.2005) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 13; S.I. 2005/695, art. 2(7), Sch. 1
F3Words in Sch. 1 para. 1(2)(b)(i) substituted (6.4.2005) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 12 para. 76(2)(a); S.I. 2005/275, art. 2(7), Sch. Pt. 7
F4Word in Sch. 1 para. 1(2)(b)(ii) substituted (9.12.2005) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 12 para. 76(2)(b); S.I. 2005/3331, art. 2(2), Sch. Pt. 2
F5Words in Sch. 1 para. 1(2)(b)(iii) repealed (4.12.2005 for specified purposes, 30.12.2005 in so far as not already in force) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 12 para. 76(2)(c), Sch. 13; S.I. 2005/3331, art. 2(1)(a)(b), Sch. Pt. 1
F6Sch. 1 para. 1(2)(b)(v) substituted (9.12.2005) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 12 para. 76(2)(d); S.I. 2005/3331, art. 2(2), Sch. Pt. 2
F7Sch. 1 para. 1(2)(b)(ix) repealed (1.9.2005) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 13; S.I. 2005/1720, art. 2(16), Sch. Pt. 3
F8Sch. 1 para. 1(2)(b)(xi)-(xiii) repealed (6.4.2005) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 13; S.I. 2005/695, art. 2(7), Sch. 1
F9Sch. 1 para. 1(2)(c) and word inserted (30.6.2005 for specified purposes, 1.9.2005 for specified purposes) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 12 para. 76(3); S.I. 2005/1720, art. 2(12)(16), Sch. Pt. 3; S.I. 2005/2447, art. 2(4), Sch. Pt. 1; S.I. 2005/1720, art. 2(12)(16), Sch. Pt. 3; S.I. 2005/2447, art. 2(4), Sch. Pt. 1
F10Words in Sch. 1 para. 1(5) inserted (6.4.2005) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 12 para. 76(4); S.I. 2005/275, art. 2(7), Sch. Pt. 7
F11Sch. 1 para. 1(6) inserted (12.7.2005 for specified purposes, 1.9.2005 for specified purposes) by Pensions Act 2004 (c. 35), s. 322(1), Sch. 12 para. 76(5); S.I. 2005/1720, art. 2(3)(b)
Commencement Information
I1Sch. 1 para. 1 wholly in force at 8.10.2001; Sch. 1 para. 1 in force for certain purposes at Royal Assent see s. 89(1); Sch. 1 para. 1(1)(2)(4)(5) in force at 1.10.2000 insofar as not already in force by S.I. 2000/1047, art. 2(2)(c), Sch. Pt. III; Sch. 1 para. 1(3) in force at 8.10.2001 insofar as not already in force by S.I. 2000/1047, art. 2(2), Sch. Pt. V