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9th March 2007
Laid before Parliament
15th March 2007
Coming into force
6th April 2007
The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 126(1)(b), 143(3) and (4), 151(8) and (9)(b), 163(6)(a), 168(1) and (2)(e), 179(1)(a) and (3), 206(2)(a), 315(2), (4) and (5) and 318(1) of, and paragraph 24(1) of Schedule 7 to, the Pensions Act 2004(1).
In accordance with section 317(1) of that Act he has consulted such persons as he considers appropriate.
2004 c.35. The Act is modified in its application to partially guaranteed schemes by S.I. 2005/277, in its application to multi-employer schemes by S.I. 2005/441 (as amended by S.I. 2005/993 and 2113) and 2006/566, and in its application to hybrid schemes by S.I. 2005/449. The Act is further modified by S.I. 2005/3377 and 3380. Section 318(1) is cited because of the meaning there given to “prescribed” and “regulations”.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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