(1)In this Part—
“occupational pension scheme” has the same meaning as in the M1Pension Schemes Act 1993;
“pension arrangement” means
an occupational pension scheme,
a personal pension scheme,
a retirement annuity contract,
an annuity or insurance policy purchased, or transferred, for the purpose of giving effect to rights under an occupational pension scheme or a personal pension scheme, and
an annuity purchased, or entered into, for the purpose of discharging liability in respect of a pension credit under section 29(1)(b) or under corresponding Northern Ireland legislation;
“personal pension scheme” has the same meaning as in the Pension Schemes Act 1993;
“prescribed” means prescribed by regulations made by the Secretary of State;
“retirement annuity contract” means a contract or scheme approved under Chapter III of Part XIV of the M2Income and Corporation Taxes Act 1988;
“trustees or managers”, in relation to an occupational pension scheme or a personal pension scheme, means—
in the case of a scheme established under a trust, the trustees of the scheme, and
in any other case, the managers of the scheme.
(2)References to the person responsible for a pension arrangement are—
(a)in the case of an occupational pension scheme or a personal pension scheme, to the trustees or managers of the scheme,
(b)in the case of a retirement annuity contract or an annuity falling within paragraph (d) or (e) of the definition of “pension arrangement” above, the provider of the annuity, and
(c)in the case of an insurance policy falling within paragraph (d) of the definition of that expression, the insurer.
Commencement Information
I1S. 26 wholly in force at 1.12.2000; s. 26 in force for certain purposes at Royal Assent see s. 89(1); s. 26 in force at 1.12.2000 insofar as not already in force by S.I. 2000/1047, art. 2(2)(d), Sch. Pt. IV
Marginal Citations