The Occupational Pension Schemes (Preservation of Benefit) Regulations 1991

Statutory Instruments

1991 No. 167

PENSIONS

The Occupational Pension Schemes (Preservation of Benefit) Regulations 1991

Made

1st February 1991

Laid before Parliament

7th February 1991

Coming into force

28th February 1991

The Secretary of State for Social Security, in exercise of the powers conferred by sections 51(5) and (10), 64(1A), 96(1) and (2) and 99(1) and (3) of, and paragraphs 5(1), 6(5), 9(1), (2) and (3), 12(2), 13(5), 15(4) and 20 to 26 of Schedule 16 to, the Social Security Act 1973(1), section 6(4) of the National Insurance Act 1974(2), sections 166(1) to (3A) and 168(1) of, and Schedule 20 to, the Social Security Act 1975(3) and sections 52C(5), 56P, 62(4) and 66(2) and (3) of, and paragraphs 14(3) and 20 of Schedule 1A to, the Social Security Pensions Act 1975(4), and of all other powers enabling him in that behalf, after considering the report of the Occupational Pensions Board on the proposals submitted to them(5), hereby makes the following Regulations:

(1)

1973 c. 38. Section 51(5) was amended by Schedule 5 to the Social Security Pensions Act 1975 (c. 60). See the definition of “prescribed” in section 99(1) and the explanation of “regulations” in section 99(3). Schedule 16 has been amended by subsequent Social Security Acts and modified by the Personal and Occupational Pension Schemes (Modification of Enactments) Regulations 1987 (S.I. 1987/1116).

(2)

1974 c. 14:

(3)

1975 c. 14. See definitions of “prescribe” and “regulations” in Schedule 20. Sections 1 66(1) to (3A) and 168(1) apply, by virtue of section 66(2) of the Social Security Pensions Act 1975 (c. 60), to the exercise of certain powers conferred by that Act.

(4)

1975 c. 60. Section 56P was inserted by section 11 of the Social Security Act 1986 (c. 50). Schedule 1A was inserted by paragraph 3 of Schedule I to the Social Security Act 1985 (c. 53). The only relevant amendment to Schedule 1A was made by paragraph 30(d)(iii) o f Schedule 10 to the Social Security Act 1986 which substituted a new paragraph 14(3)(b).

(5)

See section 68(1) of the Social Security Act 1973 and section 61(2) of the Social Security Pensions Act 1975.