The Superannuation Act 2010 (Repeal of Limits on Compensation) Order 2010

Statutory Instruments

2010 No. 2996

Superannuation

The Superannuation Act 2010 (Repeal of Limits on Compensation) Order 2010

Made

16th December 2010

Laid before the House of Commons

20th December 2010

Coming into force

21st December 2010

The Minister for the Civil Service makes the following Order in exercise of the powers conferred by section 4(5)(a) and (8)(b) of the Superannuation Act 2010(1):

Citation and commencement

1.  This Order may be cited as the Superannuation Act 2010 (Repeal of Limits on Compensation) Order 2010 and comes into force on 21st December 2010.

Repeal

2.—(1) Subject to paragraph (2) below, section 3 of the Superannuation Act 2010 is repealed.

(2) Section 3 of the Superannuation Act 2010 shall continue to have effect in relation to any provision of a scheme made under section 1 of the Superannuation Act 1972(2) before the time at which section 3 of the 2010 Act came into force except in so far as the provision has effect by virtue of a scheme made after that time.

Francis Maude

for the Minister for the Civil Service

16th December 2010

EXPLANATORY NOTE

(This note is not part of the Order)

Section 3 of the Superannuation Act 2010 (c. 37) limits the amount of compensation that can be provided, under a scheme made under section 1 of the Superannuation Act 1972 (c. 11), to people who suffer loss of office or employment. This Order repeals section 3 of the 2010 Act in so far as it affects schemes made after the commencement of section 3.

(1)

2010 c. 37.

(2)

1972 c. 11; section 1 was amended by the Pensions (Miscellaneous Provisions) Act 1990 (c. 7), section 8(1) and (2); the Pension Schemes Act 1993 (c. 48), Schedule 8, paragraph 6; the Scotland Act 1998 (c. 46), Schedule 8, paragraph 14; S.I. 2000/2040; S.I. 2001/3649; and S.I. 2007/126.