2010 No. 1145 (C. 74)
The Pensions Act 2008 (Commencement No. 7 and Saving, Consequential and Incidental Provisions) Order 2010
Made
The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by sections 144(2) and (4) and 149(1) of the Pensions Act 20081.
Citation1
This Order may be cited as the Pensions Act 2008 (Commencement No. 7 and Saving, Consequential and Incidental Provisions) Order 2010.
Commencement of provisions2
Section 124(2) and (6) of the Pensions Act 2008 (financial assistance scheme), in so far as not already in force, comes into force on 31st March 2010.
Saving3
1
This article applies for the purposes of any regulations made under section 286 of the Pensions Act 2004 (financial assistance scheme for members of certain pension schemes)2 prior to this Order being made.
2
Where this article applies, section 286 shall continue to have effect as it was in force immediately before the making of this Order until such time as further regulations made under that section come into force.
Consequential and incidental provisions4
1
In the Financial Assistance Scheme Regulations 20053—
a
in regulation 2(1) (interpretation) after the definition of “scheme manager” insert—
“scheme’s pension liabilities”, in respect of a member of a qualifying pension scheme, means the liabilities of the scheme to, or in respect of, the member in respect of pensions or other benefits (including increases in pensions);
b
in regulation 15(5) (qualifying members)4 for sub-paragraph (c) substitute—
c
the scheme’s pension liabilities in respect of that person have not been satisfied in full.
2
In regulation 2(1) of the Financial Assistance Scheme (Provision of Information and Administration of Payments) Regulations 20055 (interpretation)—
a
in the definition of “member” for paragraph (a)(ii) substitute—
ii
the scheme’s pension liabilities in respect of that person have not been satisfied in full;
b
after the definition of “scheme manager” insert—
“scheme’s pension liabilities”, in respect of a member of a qualifying pension scheme, means the liabilities of the scheme to, or in respect of, the member in respect of pensions or other benefits (including increases in pensions);
3
The amendments made by this article have effect from 1st April 2010.
Signed by authority of the Secretary of State for Work and Pensions.
(This note is not part of the Order)
(This note is not part of the Order)
The following provisions of the Pensions Act 2008 are brought into force by Statutory Instruments which were made before this Order was made.
Provision | Date of Commencement | S.I.No. |
|---|---|---|
sections 62 to 64 | 26th January 2009 | |
section 74 | 1st July 2009 | |
section 75 (for all remaining purposes) | 5th July 2010 | |
section 76 | 5th July 2010 | |
section 99 | 5th July 2010 | |
section 100 | 6th April 2009 | |
section 101 (partially) | 6th April 2009 | |
section 101 (for all other purposes) | 6th April 2009 | |
section 122 (partially) | 1st April 2009 | |
section 124(2) and (6) (partially) | 19th December 2008 | |
section 126 (for all remaining purposes) | 29th June 2009 | |
section 128 | 26th January 2009 | |
section 129 (partially) | 26th February 2010 | |
section 130 | 6th April 2009 | |
section 132 | 26th January 2009 | |
section 138 | 26th January 2009 | |
section 139 | 6th April 2009 | |
section 148 (partially) | 6th April 2009 | |
Schedule 1 (for all remaining purposes) | 5th July 2010 | |
Schedule 2 Parts 1 and 3 | 6th April 2009 | |
Schedule 2 Part 2 | 6th April 2009 | |
Schedule 8 (partially) | 1st April 2009 | |
Schedule 9 (for all remaining purposes) | 29th June 2009 | |
Schedule 10 (partially) | 26th February 2010 | |
Schedule 11 Part 2 | 6th April 2009 |