SCHEDULES

SCHEDULE 5Amendments relating to Part III

The Pension Schemes Act 1993 (c. 48)

21

In the provisions listed in the first column of the table—

a

in each place where the word appears, for “Board” there is substituted “Secretary of State”, and

b

the additional amendments listed in the second column of the table in relation to those provisions shall have effect.

Table

Provision

Additional amendments

Section 8 (meaning of terms).

—

Section 9 (requirements for certification).

In subsection (4), for “they think” there is substituted “he thinks”.

Section 11 (employer’s right to elect as to contracting-out).

In subsection (4), for “consider” and “they” there is substituted, respectively, “considers” and “he”.

In subsection (5)(d), for “they are” there is substituted “he is”.

Section 30 (protected rights).

—

Section 34 (cancellation etc. of certificates).

In subsection (2)(a), for “they have” there is substituted “he has”.

In subsections (4) and (5), for “they consider” (in both places) and “they” (in both places) there is substituted, respectively, “he considers” and “he”.

Section 50 (schemes ceasing to be certified).

In subsection (2), for “have” (in both places) and “their” there is substituted, respectively, “has” and “his”.

In subsection (3), for “they subsequently approve” there is substituted “he subsequently approves”.

In subsection (4), for the first “have” there is substituted “has”.

Section 57 (contribution equivalent premiums).

In subsection (4) for “consider” and “they” there is substituted, respectively, “considers” and “he”.

Section 163 (rule against perpetuities).

In subsection (6), for “consider” there is substituted “considers”.