F1[F2Part 4ZAU.K.Transfers and contribution refunds]

Textual Amendments

F1Pt. 4ZA formed from Pt. 4 Chs. 4, 5 (6.4.2015) by Pension Schemes Act 2015 (c. 8), s. 89(3)(b), Sch. 4 para. 4(1)

[F3Chapter 1E+W+STransfer rights: general]

Textual Amendments

Modifications etc. (not altering text)

C1Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) applied (31.5.1994) by The Railway Pensions (Protection and Designation of Schemes) Order 1994 (S.I. 1994/1432), arts. 1(1), 6(4)

C15Pt. 4ZA Ch. 1: power to modify conferred (5.9.2018 for specified purposes, 1.10.2018 in so far as not already in force) by Pension Schemes Act 2017 (c. 17), s. 44(2), Sch. 1 para. 1(6)(a); S.I. 2018/965, reg. 2(a)(b)

C16Pt. 4ZA Ch. 1: power to modify conferred (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), s. 131(1)(3)(a), Sch. 2 para. 1(6)(a); S.I. 2022/721, regs. 1(2), 3(a)

[F4100BMeaning of “scheme rules”: occupational pension schemesE+W+S

(1)In this Chapter references to the scheme rules, in relation to a pension scheme, are references to—

(a)the rules of the scheme, except so far as overridden by a relevant legislative provision,

(b)the relevant legislative provisions, to the extent that they have effect in relation to the scheme and are not reflected in the rules of the scheme, and

(c)any provision which the rules of the scheme do not contain but which the scheme must contain if it is to conform with the requirements of Chapter 1 of Part 4 of this Act.

(2)For the purposes of subsection (1)—

(a)“relevant legislative provision” means any provision contained in any of the following provisions—

(i)Schedule 5 to the Social Security Act 1989;

(ii)Chapter 2 or 3 of Part 4 of this Act or regulations made under either of those Chapters;

(iii)this Part of this Act or regulations made under this Part;

(iv)Part 4A of this Act or regulations made under that Part;

(v)section 110(1) of this Act;

(vi)Part 1 of the Pensions Act 1995 or subordinate legislation made or having effect as if made under that Part;

(vii)section 31 of the Welfare Reform and Pensions Act 1999;

(viii)any provision mentioned in section 306(2) of the Pensions Act 2004;

(ix)regulations made under Schedule 17 to the Pensions Act 2014;

(x)regulations made under Schedule 18 to the Pensions Act 2014;

(xi)regulations made under Part 2 of the Pension Schemes Act 2015;

(xii)section 55 of the Pension Schemes Act 2015;

(xiii)regulations made under section 56 or 57 of the Pension Schemes Act 2015;

[F5(xiv)sections 21, 23, 26, 28, 29 and 33 of and Schedule 1 to the Pension Schemes Act 2017;]

[F6(xv)regulations made under section 18(4) of or paragraph 1(6) of Schedule 2 to the Pension Schemes Act 2021;

(xvi)sections 34, 39, 41, 42 and 45 of the Pension Schemes Act 2021;]

(b)a relevant legislative provision is to be taken to override any of the provisions of the scheme if, and only if, it does so by virtue of any of the following provisions—

(i)paragraph 3 of Schedule 5 to the Social Security Act 1989;

(ii)section 129(1) of this Act;

(iii)section 117(1) of the Pensions Act 1995;

(iv)section 31(4) of the Welfare Reform and Pensions Act 1999;

(v)section 306(1) of the Pensions Act 2004;

(vi)regulations made under paragraph 17 of Schedule 17 to the Pensions Act 2014;

(vii)regulations made under paragraph 6 of Schedule 18 to the Pensions Act 2014;

(viii)regulations made under section 34 of the Pension Schemes Act 2015;

(ix)section 55(3) of the Pension Schemes Act 2015;

(x)regulations made under section 56(4) or 57(4) of the Pension Schemes Act 2015;

[F7(xi)sections 21(7), 23(7), 26(9), 28(6), 29(2) and 33(5) of and paragraph 1(7) of Schedule 1 to the Pension Schemes Act 2017;]

[F8(xii)sections 18(7)(b), 34(5), 39(6), 41(6), 42(2) and 45(5) of and paragraph 1(7) of Schedule 2 to the Pension Schemes Act 2021].]

Textual Amendments

F6S. 100B(2)(a)(xv)(xvi) inserted (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), ss. 25(6)(a), 131(1)(3)(a); S.I. 2022/721, regs. 1(2), 3(a)

F8S. 100B(2)(b)(xii) inserted (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), ss. 25(6)(b), 131(1)(3)(a); S.I. 2022/721, regs. 1(2), 3(a)