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The Occupational Pension Schemes (Deficiency on Winding Up etc.) Amendment Regulations 1996

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Statutory Instruments

1996 No. 5

PENSIONS

The Occupational Pension Schemes (Deficiency on Winding Up etc.) Amendment Regulations 1996

Made

4th January 1996

Laid before Parliament

11th January 1996

Coming into force

1st February 1996

The Secretary of State for Social Security, in exercise of his powers under sections 144(5), 181(1), 182(2) and (3) and 183(3) of the Pension Schemes Act 1993(1) and of all other powers enabling him in that behalf, the Occupational Pensions Board having agreed that the proposal to make these Regulations need not be referred to them(2), hereby makes the following Regulations:

(1)

1993 c. 48. Section 181(1) is cited because it contains definitions of “prescribed” and “regulations”.

(2)

See section 185(1) and (6) of the Pension Schemes Act 1993 and section 173(1)(b) of the Social Security Administration Act 1992 (c. 5). The Board have agreed that the proposal to amend regulation 2 of the Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1994, in order to make reference to the revised Guidance Note, need not be referred to them.

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