The Financial Assistance Scheme (Amendment) Regulations 2008

Statutory Instruments

2008 No. 3069

Pensions

The Financial Assistance Scheme (Amendment) Regulations 2008

Made

27th November 2008

Laid before Parliament

2nd December 2008

Coming into force

23rd December 2008

The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by paragraph (b) of the definition of “qualifying pension scheme” in subsection (2) of section 286, 315(5) and 318(1) of the Pensions Act 2004(1).

This instrument contains regulations which are made before the end of the period of six months beginning with the coming into force of the provision of the Pensions Act 2004 by virtue of which the regulations are made(2).

(1)

2004 c.35. Paragraph (b) of the definition of “qualifying pension scheme” in subsection (2) of section 286 was amended by section 124(3) of the Pensions Act 2008 (c.30). Section 286 was also amended by section 18(2) and (3) of the Pensions Act 2007 (c.22) and section 124 of the Pensions Act 2008 and is modified in its application to multi-employer schemes by regulation 76 of S.I. 2005/441. Section 318(1) is cited because of the meanings given to “prescribed” and “regulations”.

(2)

See section 317 of the Pensions Act 2004 under which the requirement to consult such persons as the Secretary of State considers appropriate does not apply to regulations made before the end of the period of six months beginning with the coming into force of the provisions of that Act by virtue of which the regulations are made.