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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—

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.