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The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2024

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Statutory Instruments

2024 No. 274

PENSIONS

The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2024

Made

1st March 2024

Laid before Parliament

4th March 2024

Coming into force

1st April 2024

The Secretary of State makes these Regulations in exercise of the powers conferred by sections 175(1) to (3) and 182(2) of the Pension Schemes Act 1993(1).

In accordance with section 185(1) of that Act(2), the Secretary of State has consulted such persons as the Secretary of State considers appropriate.

(1)

1993 c. 48. Section 175 was substituted by section 165 of the Pensions Act 1995 (c. 26). Section 175(1) and (3) were amended by paragraph 26 of Schedule 1, and Schedule 13, to the Pensions Act 2004 (c. 35). Section 175(1) was further amended by section 12(1) of the Financial Guidance and Claims Act 2018 (c. 10), S.I. 2010/22 and 2019/383. See section 181(1) of the Pension Schemes Act 1993 for the definitions of “prescribed” and “regulations”.

(2)

Section 185(1) was amended by paragraph 46 of Schedule 3, paragraph 80(a) of Schedule 5 and Part 1 of Schedule 7 to the Pensions Act 1995.

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