Pensions Act 2008 Explanatory Notes

Commencement

478.The provisions of this Act will be brought into force by an order or orders to be made by the Secretary of State with the following exceptions:

  • In Part 1, sections 67 to 73 and 78 to 86 (power to establish a pension scheme, and provisions relating to the Personal Accounts Delivery Authority) come into force on Royal Assent.

  • Section 105 (extension of assessed income period for those aged 75 or over) comes into force on 6 April 2009.

  • Section 124 (1), (3) and (7) to (10) (Financial Assistance Scheme) come into force on Royal Assent

  • The amendment made by section 125(1) (restriction on purchase of annuities) must be taken to have had effect from 26 June 2008.

  • Section 131(appointment of trustees) comes into force 2 months after Royal Assent

  • Section 133 (delegation of powers by the regulator) comes into force on Royal Assent.

  • Section 134 (exclusion of transfers out in certain cases) comes into force on Royal Assent

  • Section 135 and 136 (additional class 3 contributions) come into force on 9 April 2009

  • Sections 140 and 141(Pre 1968 Insurance) come into force on Royal Assent.

  • Section 142 (Disclosure of information) comes into force on Royal Assent

  • Part 6 (except repeals) comes into force on Royal Assent.

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