SCHEDULE 4
Part II Miscellaneous Amendments
Overriding effect of certain 1989 Act amendments
15
(1)
“(3)
If immediately before the passing of the Social Security Act 1990 there is in force in relation to an occupational or personal pension scheme either—
(a)
a contracting-out certificate under Part III of the Pensions Act which states that the scheme is contracted-out by virtue of section 32(2A) of that Act, or
(b)
an appropriate scheme certificate under Part I of the 1986 Act,
then, to the extent that the rules of the scheme are inconsistent with any provision made by sub-paragraph (1) or (2) above, they shall be overridden by that provision.”
(2)
“(4)
If immediately before the passing of the Social Security Act 1990 there is in force in relation to an occupational or personal pension scheme either—
(a)
a contracting-out certificate under Part III of the Pensions Act which states that the scheme is contracted-out by virtue of section 32(2A) of that Act, or
(b)
an appropriate scheme certificate under Part I of the 1986 Act,
then, to the extent that the rules of the scheme are inconsistent with any provision made by sub-paragraphs (1) to (3) above, they shall be overridden by that provision.”