The National Employment Savings Trust Order 2010

1. Introductory Text

2. PART 1

   1. 1. Citation and commencement

   2. 2. Interpretation

3. PART 2

   1. 3. Establishment of the National Employment Savings Trust

   2. 4. Trustee

   3. 5. Appointment of members of the corporation

   4. 6. Consultation of members and employers

   5. 7. Establishment of the panels

   6. 8. Composition and functions of the panels

   7. 9. Payments to members of the panels

4. PART 3

   1. 10. Disclosure of requested data to the Secretary of State

   2. 11. Disclosure of relevant personal data to the Secretary of State

   3. 12. Disclosure: references to the Secretary of State

   4. 13. Protection

   5. 14. Steps for increasing awareness of the Scheme

   6. 15. Power to make rules

   7. 16. Application of the Trustee Act 2000

   8. 17. Information about the Scheme

5. PART 4

   1. 18. Duty to admit employers

   2. 19. Duty to admit members

   3. 20. Transitory provision

   4. 21. Members’ accounts

6. PART 5

   1. 22. Annual contribution limit

   2. 23. Annual contribution limit: meaning of contributions

   3. 24. Annual contribution limit: refund of excess contributions

   4. 25. Timing of contributions

   5. 26. Multiple employment

   6. 27. Deductions from members’ accounts

   7. 28. Power to invest the Scheme’s assets

   8. 29. Investment and default investment funds

   9. 30. Acceptance by trustee of cash transfer sums

   10. 31. Pension sharing

   11. 32. Benefits

7. Signature

8. Explanatory Note