http://www.legislation.gov.uk/id/uksi/2000/1053

http://www.legislation.gov.uk/uksi/2000/1053/regulation/7

The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000

text

text/xml

Statute Law Database

PENSIONS

2023-03-06

Expert Participation

2021-04-06

These Regulations provide for the circumstances in which the implementation period may be extended, postponed or in which it may cease, and how a person responsible for a pension arrangement may discharge his liability in respect of a pension credit.

The Pension sharing (Implementation and Discharge of Liability) Regulations 2000

The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000

reg.7

The Pension Sharing (Consequential and Miscellaneous Amendments) Regulations 2000

reg.11(4)

The Pension sharing (Implementation and Discharge of Liability) Regulations 2000

The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000

reg.13 rev.inpt and

The Pension Sharing (Consequential and Miscellaneous Amendments) Regulations 2000

reg 11(7)

The Pension sharing (Implementation and Discharge of Liability) Regulations 2000

The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000

reg. 4(4)

The Taxation of Pension Schemes (Consequential Amendments of Occupational and Personal Pension Schemes Legislation) Order 2006

reg. 18(3)(b)

art. 1

The Pension sharing (Implementation and Discharge of Liability) Regulations 2000

The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000

reg. 21(1)(c)

The Taxation of Pension Schemes (Consequential Amendments of Occupational and Personal Pension Schemes Legislation) Order 2006

reg. 18(4)(a)

art. 1

The Pension sharing (Implementation and Discharge of Liability) Regulations 2000

The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000

reg. 21(2)

The Taxation of Pension Schemes (Consequential Amendments of Occupational and Personal Pension Schemes Legislation) Order 2006

reg. 18(4)(b)

art. 1

The Pension sharing (Implementation and Discharge of Liability) Regulations 2000

The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000

reg. 5(3J)

The Occupational and Personal Pension Schemes (Prescribed Bodies) Regulations 2007

Sch.

para. 10(c)

reg. 1

PART IV DISCHARGE OF LIABILITY IN RESPECT OF A PENSION CREDIT

Funded pension schemes7

1

The circumstances in which the trustees or managers of a scheme, to which paragraph 1 of Schedule 5 to the 1999 Act applies, may discharge their liability in respect of a pension credit in accordance with sub-paragraph (2)(b) of that paragraph are where—

a

the person entitled to the credit has failed to provide his consent in accordance with paragraph 1(2)(a) and (4) of that Schedule; and

b

the circumstances set out in paragraph 1(3) of that Schedule do not apply.

2

a

the person entitled to the credit has failed to provide his consent in accordance with F1paragraph 1(3)(c) of that Schedule; and

F2b

either—

i

the person entitled to the pension credit has failed to provide his consent in accordance with paragraph 1(2)(a) and (4) of that Schedule; or

ii

the trustees or managers of the scheme have not discharged their liability in accordance with paragraph (1) above.