- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
1.—(1) The Firefighters’ Pension Fund established and maintained by the authority for the purposes of the 1992 Scheme(1) (“the FPF”), shall be used also for the purposes of payments and receipts required or authorised to be made by or under any provision of this Scheme.
(2) Without prejudice to the generality of paragraph (1), there shall be credited to the FPF or, where a transfer is made to the FPF from any other fund maintained by the authority, credited to the FPF and debited to that other fund—
(a)sums receivable from firefighters in respect of periods treated as reckonable by virtue of rule 4 of Part 10 (reckoning of periods of unpaid leave or unauthorised absence),
(b)sums receivable under rule 10 of Chapter 3 of Part 12 (receipt of transfer value payments),
(c)sums receivable from a Scottish or Welsh fire and rescue authority or the Northern Ireland Fire and Rescue Service Board by way of transfer value payments in respect of persons who take up employment with the authority, and
(d)amounts of the descriptions mentioned in paragraphs (2) and (3) of rule 2 of this Part.
(3) Without prejudice to the generality of paragraph (1), there shall be payable out of the FPF or, if a transfer is made from the FPF to any other fund maintained by the authority, debited to the FPF and credited to that other fund—
(a)sums payable under rule 8 of Part 3 (repayment of aggregate of employee’s contributions),
(b)awards payable under any provision of this Scheme (including the commuted portion of a pension to which rule 9 of Part 3 (commutation: general) applies); and
(c)sums payable under Chapter 2 of Part 12 by way of transfer value payments.
(4) Every amount paid or repaid to or by an authority under this Part shall be credited or, as the case may be, debited, to their FPF.
(5) In this Part—
(a)references to the total amount payable out of an authority’s FPF do not include references to any amount which the Secretary of State required the authority to pay to him under any of rules 5 to 8;
(b)references to the total amount credited to the authority’s FPF do not include references to any amount which the Secretary of State pays to the authority for crediting to their FPF under any of rules 5 to 8.
See Part LA of the 1992 Scheme, inserted by S.I. 2006/1810.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: