EXPLANATORY NOTE
(This note is not part of the Order)
This Order brings into force certain provisions of the Pensions Act 2011 (c. 19) (“the Act”), in so far as they are not already in force, on 30th June 2012 and 23rd July 2012.
Article 2 commences the following provisions of the Act on 30th June 2012—
sections 4, 5 and 6 which relate to automatic enrolment and re-enrolment;
section 11 which relates to the test scheme standard for defined benefits schemes which produce a sum of money;
sections 14 and 15 which relate to the transitional period for defined benefits and hybrid schemes in which the automatic enrolment duty can be delayed;
section 16 which relates to the power of managers to modify the scheme by resolution;
section 17 which amends section 256 of the Pensions Act 2004 (c. 35) so as to prevent trustees subject to a civil penalty under section 40 or 41 of the Pensions Act 2008 (c. 30) from being reimbursed from scheme funds; and
section 36 which relates to the service of documents and electronic working.
Article 3 commences section 22 of, and Schedule 4 to, the Pensions Act 2004 on 23rd July 2012 in so far as they relate to the requirements to obtain actuarial valuations and the requirement to obtain a protected benefits quotation.