This section has no associated Explanatory Notes
10N.I.In Article 87 (application of further provisions to money purchase schemes), at the end insert—
“(3)Where a pension scheme is divided into sections, each section that is a collective money purchase scheme for the purposes of Part 2 of the Pension Schemes Act 2021 (see section 52(2)(b) of that Act) is to be treated for the purposes of this Article as a separate money purchase scheme.”
Commencement Information
I1Sch. 6 para. 10 in force at Royal Assent for specified purposes, see s. 131(3)(a)
I2Sch. 6 para. 10 in force at 1.8.2022 in so far as not already in force by S.R. 2022/197, art. 3(a)