PART 2Amendments coming into force immediately before, or on, 6th April 2012

Amendments to the Pensions Act 19956

1

The Pensions Act 199523 is amended as follows.

2

In section 51A (restriction on increase where annuity tied to investments)24, in subsection (1)—

a

at the end of paragraph (a), add “and”, and

b

omit paragraph (b).

3

Omit section 149 (hybrid occupational pension schemes), section 162 (annual increase in rate of personal pension) and section 163 (section 162: supplementary).

4

In section 175 (Parliamentary control of orders and regulations), in subsection (2), omit paragraph (d) and the word “or” immediately preceding it.