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SCHEDULES

SCHEDULE 5E+W+SPension compensation payable on discharge of pension compensation credit

Modifications etc. (not altering text)

C1Sch. 5 applied (24.7.2014) by The Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014 (S.I. 2014/1711), regs. 1(1), 42(1), 53, 57 (with regs. 6, 41, 44(1), 47(1), 69(2), 72(1), 76(1)); coming into force immediately after s. 29 of 2011 c 19 - see S.I. 2014/1683, art. 2

Part 4E+W+SProvisions applicable irrespective of age of transferee on transfer day

Compensation in form of dependant's benefitsE+W+S

19(1)The Secretary of State may by regulations make provision for compensation to be payable to—E+W+S

(a)prescribed descriptions of partners, or

(b)prescribed descriptions of dependants,

of prescribed descriptions of transferees.

(2)The regulations may, in particular—

(a)provide for compensation in the form of periodic or lump sum payments;

(b)provide for periodic compensation to be payable for a prescribed period;

(c)apply paragraph 17 (annual increases in respect of periodic compensation), with or without modifications, in respect of compensation in the form of periodic payments.

Commencement Information

I1Sch. 5 para. 19 wholly in force at 6.4.2011; para. 19 in force for certain purposes at Royal Assent see s. 149(2)(k); para. 19 in force so far as not already in force at 6.4.2011 by S.I. 2011/664, art. 2(3), Sch. Pt. 2