HL Deb 18 October 2004 vol 665 c205GC

In Schedule 7 to the Bank of England Act 1998 (restriction on disclosure of information), in the table in paragraph 3(1), for the entry relating to the Occupational Pensions Regulatory Authority substitute—

"The Pensions Regulator Functions conferred by or by virtue of—

(a) the Pension Schemes Act 1993,

(b) the Pensions Act 1995,

(c) the Welfare Reform and Pensions Act 1999,

(d) the Pensions Act 2004, or

(e) any enactment in force in Northern Ireland corresponding to an enactment mentioned in paragraphs (a) to (d) above.""

Page 312, line 5, at end insert— In section 8(2)(a) (providing for stakeholder pension schemes to be treated as personal pension schemes), after "is" insert "prescribed or is".

Page 312, line 18, at end insert— ( ) in sub-paragraph (i) for the words from "except" to the end substitute "except sections 7(5A)(b), 8(1)(a) and (c) and (2), 11(3A) and (3B) and 15(1);

Page 312, line 20, leave out from "(iii)" to end of line 21 and insert "omit the words from "except" to the end,"

Page 312, leave out lines 26 and 27 and insert— (c) the following provisions of the Pensions Act 2004—

  1. (i) section 61 (accessibility of register of prohibited trustees);
  2. (ii) Chapters 4 and 5 of Part 2 (fraud compensation and information gathering);
  3. (iii) sections 236 to 238 (requirements for knowledge and understanding); and
  4. (iv) section 303 (interpretation).""

Page 312, line 27, at end insert— ( ) In sub-paragraph (5), after "1995 Act" insert", and section 303(1) of the Pensions Act 2004,".

Page 312, line 32, leave out "In Schedule 5, in" and insert—

"(1) Schedule 5 (pension credits: mode of discharge) is amended as follows.

(2) In"

Page 312, line 34, at end insert— ( ) After paragraph 13 insert—

"13A The provisions of this Schedule are subject to—

  1. (a) section 73A(3) and (6) of the Pensions Act 1995 (prohibition on new members during winding up of scheme: exception for discharge of pension credit derived from the scheme), and
  2. (b) section 125(2) and (7A) of the Pensions Act 2004 (prohibition on new members during an assessment period in relation to a scheme: exception for discharge of pension credit derived from the scheme).""

Page 312, line 34, at end insert—