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Superannuation Act 2010

Superannuation Act 2010

2010 CHAPTER 37

Commentary

Section 4: Final provisions

20.Section 4 provides for section 3 to expire 12 months after it comes into force. It also grants order-making powers to the Minister to repeal section 3 before it is due to expire, to extend the date on which section 3 will expire, and to revive section 3 (within three years of Royal Assent) after that section has expired or been repealed. The powers to extend the expiry date and to revive section 3 are subject to affirmative resolution procedure in the House of Commons. The power to repeal is subject to negative resolution procedure.

21.Subsection (7) provides that the expiry or repeal of section 3 will not affect the application of that section to any compensation benefits provided in connection with severance occurring before its expiry or repeal.

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