SCHEDULES

F1SCHEDULE 4

Annotations:
Amendments (Textual)
F1

Sch. 4 repealed (7.2.1994) by 1993 c. 48, s. 188, Sch. 5 Pt.I (subject to the transitory modifications as regards Sch. 4 para. 7(1)-(3) contained in Sch. 9 para. 1 of that Act); S.I. 1994/86, art. 2

Part II Miscellaneous Amendments

Contracting-out conditions: age at which pension or annuity is to commence under a money purchase scheme

6

1

In section 32 of the Pensions Act, in subsection (2B) (modifications of Schedule 1 to the 1986 Act in its application for the purpose of determining whether a money purchase scheme can be contracted-out) after paragraph (d)(ii) there shall be inserted—

iii

for the references in sub-paragraphs (3)(a) and (7)(a)(i) to the date on which the member attains pensionable age there shall be substituted a reference to a date not earlier than that on which he attains the age of 60 nor later than that on which he attains the age of 65; and

2

The amendment made by sub-paragraph (1) above shall be taken to have come into force on 17th May 1990.