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Statutory Instruments

2002 No. 381 (C.9)

PENSIONS

The Welfare Reform and Pensions Act 1999 (Commencement No. 14) Order 2002

Made

22nd February 2002

The Secretary of State for Work and Pensions, in exercise of powers conferred by section 89(1) of the Welfare Reform and Pensions Act 1999(1), and of all other powers enabling him in that behalf, hereby makes the following Order:

Citation and interpretation

1.—(1) This Order may be cited as the Welfare Reform and Pensions Act 1999 (Commencement No. 14) Order 2002.

(2) In this Order, references to sections and Schedules are references to sections of, and Schedules to, the Welfare Reform and Pensions Act 1999.

Appointed day

2.  19th March 2002 is the day appointed for the coming into force of—

(a)paragraph 14 of Schedule 2 (occupational pension schemes: certificates etc. relating to minimum funding requirement), and section 18 so far as relating to it;

(b)Part I of Schedule 13 in respect of the repeal in section 58(6)(a) of the Pensions Act 1995(2) (schedules of contributions), and section 88 so far as relating to it.

Signed by authority of the Secretary of State for Work and Pensions.

P. Hollis

Parliamentary Under-Secretary of State,

Department for Work and Pensions

22nd February 2002

Explanatory Note

(This note is not part of the Order)

This Order brings into force provisions of the Welfare Reform and Pensions Act 1999 (“the Act”).

Article 1 deals with citation and interpretation.

Article 2 brings into force on 19th March 2002 paragraph 14 of Schedule 2 to the Act (which relates to occupational pension schemes: certificates etc. relating to the minimum funding requirement), and section 88 of the Act so far as relating to that paragraph, and a related repeal in Part I of Schedule 13 to the Act.

An assessment of the cost to business of the commencement of provisions in the Act is detailed in the Regulatory Impact Assessment relating to the Act. A copy of the Assessment has been placed in the libraries of both Houses of Parliament. Copies can be obtained from the Department for Work and Pensions, Regulatory Impact Unit, 3rd Floor, The Adelphi, 1–11 John Adam Street, London, WC2N 6HT.

Note as to Earlier Commencement Orders

(This note is not part of the Order)

The following provisions have been brought into force by:-

(3)

S.I. 2000/1047 (C.29) was amended by article 2 of S.I. 2001/933 (C.34).

(4)

S.I. 2000/2958 (C.89) was amended by article 3 of S.I. 2001/933 (C.34).

(5)

S.I. 2001/4049 (C.130) was amended by article 3 of S.I. 2002/153 (C.3).

(6)

In this Note an asterisk denotes that a provision has been partially brought into force.