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Part 1 E+W+SMaster Trusts

Definition of a Master Trust schemeE+W+S

2Relevant public service pension schemesE+W+S

(1)For the purposes of section 1, a pension scheme is a relevant public service pension scheme if it falls within subsection (2) or (3).

(2)A scheme falls within this subsection if it is a public service pension scheme within the meaning of the Pension Schemes Act 1993 (see section 1(1) of that Act).

(3)A scheme falls within this subsection if it is—

(a)a scheme under section 1 of the Public Service Pensions Act 2013 (new public service schemes),

(b)a new public body pension scheme (as defined in section 30 of that Act), or

(c)a statutory pension scheme which is connected with a scheme referred to in paragraph (a) or (b) (and for this purpose “statutory pension scheme” and “connected” have the meanings given in that Act; see sections 37 and 4(6) of that Act).

(4)But a scheme does not fall within subsection (3) if it is a scheme specified in an order made under section 318(6)(b) of the Pensions Act 2004 (schemes excluded from definition of “public service pension scheme”).

Commencement Information

I1S. 2 in force at Royal Assent for specified purposes, see s. 44(1)(a)(i)

I2S. 2 in force at 5.9.2018 for specified purposes by S.I. 2018/965, reg. 2(a)

I3S. 2 in force at 1.10.2018 in so far as not already in force by S.I. 2018/965, reg. 2(b)