SCHEDULES

SCHEDULE 9Contribution notices and financial support directions under Pensions Act 2004

Effect of amendments made by this Schedule

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1

The amendments made by paragraphs 2, 6 and 7 have effect in relation to any act occurring, or any failure to act first occurring, on or after 14 April 2008.

2

The amendments made by paragraph 8 have effect—

a

for the purposes of the material detriment test, where at least one of the acts or failures to act occurs or first occurs on or after 14 April 2008, and

b

for all other purposes, where at least one of the acts or failures to act occurs or first occurs on or after the day on which this Act is passed.

3

The amendments made by paragraphs 9 and 10 have effect in relation to any case where rights are transferred or extinguished on or after 14 April 2008.

4

The amendment made by paragraph 14 has effect so as to enable the Pensions Regulator to issue a financial support direction under section 43 of the Pensions Act 2004 by reference to any time falling on or after 14 April 2008.