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Pensions Act 1995, Section 72 is up to date with all changes known to be in force on or before 28 May 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)The appropriate authority may make such provision for the modification of a public service pension scheme as could be made in respect of a scheme other than a public service pension scheme by an order of the Authority under [F1section 69(1)(a)].
(2)In this section “the appropriate authority”, in relation to a scheme, means such Minister of the Crown or government department as may be designated by the Treasury as having responsibility for the particular scheme.
(3)The powers of the appropriate authority under this section are exercisable by means of an order—
(a)directly modifying the scheme (without regard, in the case of a scheme contained in or made under powers conferred by an enactment, to the terms of the enactment or any of its restrictions), or
(b)modifying an enactment under which the scheme was made or by virtue of which it has effect.
(4)Any such order may adapt, amend or repeal any such enactment as is referred to in paragraph (a) or (b) of subsection (3) as that authority thinks appropriate.
Textual Amendments
F1Words in s. 72(1) substituted (6.4.2016) by Pensions Act 2014 (c. 19), s. 56(4), Sch. 13 para. 64
Commencement Information
I1S. 72 in force at 6.4.1997 by S.I. 1997/664, art. 2(3), Sch. Pt. 3
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