SCHEDULES

SCHEDULE 4 Transitional provisions and savings

Part II Provisions relating to particular enactments

Pensions Act 1995

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1

If before the commencement of this Act paragraph 8 of Schedule 5 to the M1Pensions Act 1995 has not come into force then, until the relevant commencement date, section 55(6)(b)(ii) of this Act shall have effect with the substitution, for the words “contributions equivalent premiums”, of the words “ state scheme premiums ”.

2

In sub-paragraph (1) above, “relevant commencement date” means—

a

if before the commencement of this Act the Secretary of State has made an order under section 180 of the M2Pensions Act 1995 (commencement) appointing a date on or after the date of that commencement as the date on which paragraph 8 of Schedule 5 to that Act is to come into force, the date so appointed; and

b

otherwise, such date as the Secretary of State may by order appoint.

3

Sections 174 (orders and regulations) and 180(4) of the Pensions Act 1995 shall apply to an order under sub-paragraph (2)(b) above as they would apply to an order under section 180(1) of that Act.