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1.—(1) This Order may be cited as the Pensions Act 2004 (Commencement No. 8) Order 2005.
(2) In this Order—
“the Act” means the Pensions Act 2004;
“the 1995 Act” means the Pensions Act 1995(1);
“the 1999 Act” means the Welfare Reform and Pensions Act 1999(2);
“pay-as-you-go scheme” means an occupational pension scheme under which there is no requirement for assets to be set aside in advance for the purpose of providing benefits under the scheme (disregarding any requirements relating to additional voluntary contributions).
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