Pensions Act 2014

Part 5 E+W+S Interpretation and power to make further transitional provision

Valid from 06/04/2017

Interpretation E+W+S

18 E+W+S In this Schedule “the commencement date” means the date on which it comes fully into force.

19 E+W+S Other expressions used in this Schedule have the same meaning as in Part 2 of the Pensions Act 2004.

Further transitional provision E+W+S

Valid from 06/04/2017

20 E+W+S The inclusion of Parts 3 and 4 of this Schedule does not prevent transitional provision being made by order under section 56(8).

Valid from 06/04/2017

21 (1) In relation to a case involving multiple benefits, transitional provision made by order under section 56(8) may, in particular— E+W+S

(a) disapply or modify any provision of this Schedule;

(b) make provision similar to any provision of this Schedule.

(2) For these purposes, “a case involving multiple benefits” means a case mentioned in paragraph 26(9) of Schedule 7 to the Pensions Act 2004.

22 (1) Transitional provision made by order under section 56(8) may, in particular, make provision in relation to compensation payable under Chapter 1 of Part 3 of the Pensions Act 2008 (compensation sharing on divorce etc) that is similar to any provision of Part 3 of this Schedule. E+W+S

(2) Regulations under paragraph 18 of Schedule 5 to the Pensions Act 2008 which restrict an amount payable to a person in any period by reference to a modified version of the compensation cap in paragraph 26A of Schedule 7 to the Pensions Act 2004 (inserted by Part 1 of this Schedule) may also make provision similar to any provision of Part 3 of this Schedule.

Commencement Information

I1 Sch. 20 para. 22 in force at 7.3.2017 by S.I. 2017/297, art. 2(a)