The Occupational Pension Schemes (Modification of Schemes) Regulations 2006
1Citation, commencement and interpretation
2Schemes exempted from the subsisting rights provisions
3Non-application of the subsisting rights provisions
4Qualifications or experience required for a person providing an actuarial equivalence statement
5Calculation of the actuarial value of affected member's subsisting rights
6Modification of schemes: Finance Act 2004
6AModification of Schemes: the Registered Pension Schemes (Modification of the Rules of Existing Schemes) Regulations 2009
7Modification of schemes: surviving civil partners
7ZAModification of schemes: surviving same sex spouses
7AModification of schemes: abolition of protected rights
7BAmendment of schemes for adjustment measure
7CModification of schemes: revaluation of guaranteed minimum pensions
8Modification of schemes: prescribed schemes
8AModification of schemes: reduction in the rate of pension
8BModification of schemes: drawdown pensions, uncrystallised funds pension lump sums and death benefits
8C(1) The trustees of a trust scheme may by resolution...
9Revocations
SCHEDULE

2006 No. 759

PENSIONS

The Occupational Pension Schemes (Modification of Schemes) Regulations 2006

Made

Laid before Parliament

Coming into force

regulations 6 and 7

remainder

The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 67(1)(b) and (3)(b), 67C(7)(a)(ii), 67D(4) and (5), 68(2)(e) and (6), 124(1) and 174(2) and (3) of the Pensions Act 1995 M1.

The Secretary of State considered consultation inexpedient because of urgency in the case of regulations 6 to 8 M2.

The remainder of the Regulations are consequential upon section 262 of the Pensions Act 2004 M3 and are made before the end of the period of six months beginning with the coming into force of that provision M4.

Annotations:
Marginal Citations
M1

1995 c. 26. Sections 67 to 67I of the Pensions Act 1995 were substituted by section 262 of the Pensions Act 2004 (c. 35). Section 68 of the Pensions Act 1995 was amended by section 45(2) of the Child Support, Pensions and Social Security Act 2000 (c. 19), paragraph 54 of Schedule 12 to the Welfare Reform and Pensions Act 1999 (c. 30) and paragraph 56 of Schedule 12 to the Pensions Act 2004. Section 124(1) of the Pensions Act 1995 is cited because of the meaning there given to “prescribed” and “regulations”.

M2

See section 120(2)(b) of the Pensions Act 1995 which provides that the requirement under section 120(1) of that Act for the Secretary of State to consult such persons as he considers appropriate before making any regulations by virtue of the provisions of Part I of that Act does not apply where he considers consultation inexpedient because of urgency.

M4

See section 120(2)(d) of the Pensions Act 1995 which provides that the requirement under section 120(1) of that Act for the Secretary of State to consult such persons as he considers appropriate before making regulations by virtue of the provisions of Part 1 of that Act does not apply where regulations are consequential upon a specified enactment and are made before the end of the period of six months beginning with the coming into force of that enactment.