- Status
- In Force
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Any Person1
Trustee1
Other Acts binding the same actors
If a role above is yours, these are the other instruments that most often bind it.
Any Person — also bound by 2340 other Acts
Human Medicines Regulations 2012
184 duties
Merchant Shipping Act 1995
144 duties
Insolvency (England and Wales) Rules 2016
104 duties
Communications Act 2003
92 duties
Road Traffic Act 1988
92 duties
Trustee — also bound by 104 other Acts
What it requires
Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.
s.022
Scheme manager to obtain a valuation of assets and liabilities
Regulated
- Obtain valuation of pension scheme assets and liabilities when instructedTrustee
s.023
Valuation of assets
Regulated
- Valuation actuary must value pension scheme assets according to prescribed rulesAny Person
50 other provisions — procedural and definitional
s.001
Citation, commencement and extent
s.002
Interpretation
s.003
Commencement of winding up
s.004
Application of Parts 1 and 2 of the Act
s.005
Scheme manager
s.005
Functions of the Board of the Pension Protection Fund in relation to the financial assistance scheme
s.006
Financial and other arrangements to enable or assist the Board of the Pension Protection Fund to carry out its functions in relation to the financial assistance scheme
s.006
Use of information
s.007
Annual reports
s.008
Delegation
s.009
Qualifying pension schemes
s.010
Other schemes which are not qualifying pension schemes
s.011
Condition to be satisfied by employer
s.012
Condition to be satisfied: multi-employer schemes
s.012
Employer-related condition
s.012
Employer-related condition: multi-employer schemes
s.013
Insolvency events
s.014
Notification of details
s.014
Working with qualifying pension schemes
s.014
Payments in relation to administration or other costs
s.015
Qualifying members
s.015
Qualifying members for the purposes of section 286A
s.016
Insufficient assets
s.016
Survivors
s.016
Surviving dependants
s.017
Annual payments
s.017
Ill health payments
s.017
Meaning of “the FAS cap”
s.017
Interim ill health payments
s.017
Annual payments for certain applications in cases of severe ill health
s.017
Lump sum payments
s.017
Redetermination of an annual payment previously determined in accordance with Schedule 4
s.017
Redetermination of an ill health payment previously determined in accordance with Schedule 6
s.017
Payments to beneficiaries other than qualifying members, survivors and surviving dependants
s.017
Payments to qualifying members receiving a pension from the qualifying pension scheme before entitlement to an annual payment or ill health payment
s.018
Initial payments
s.018
Death benefit guarantees
s.019
Time and manner of payment: general provisions
s.020
Direct credit transfer
s.021
Application of this Part
s.024
Power of the scheme manager to determine the value of an asset
s.025
Approval of valuation
s.026
Binding valuation
s.027
Scheme manager calculations after a valuation
s.028
Determination of certain asset shares, notional pensions and survivor notional pensions
s.029
Transfer notice
s.030
Terms and conditions of contracts
s.031
Payments where amounts relating to money purchase benefits are transferred to the Secretary of State
s.032
Payments to estates where a person in receipt of a payment from a scheme dies prior to entitlement and prior to transfer of assets
s.033
Transfer of residual assets to the Secretary of State where Part 7 does not apply
Schedules
Schedules
0 of 90 shown90 other schedules
s.sch001
In section 68 (power for the Regulator to collect information...
s.sch001
In section 196 (use of information by the Board)—
s.sch001
In section 197 (restricted information)— (a) in subsections (1) and...
s.sch001
In section 198 (disclosure by the Board of restricted information...
s.sch001
In section 200(1) (disclosure by the Board of restricted information...
s.sch001
In section 201 (other permitted disclosures of restricted information by...
s.sch001
In section 202 (tax information)— (a) in each place it...
s.sch001
In section 203 (provision of information to members of schemes...
s.sch001
In section 204 (interpretation of sections 190 to 203)—
s.sch001
In paragraph 18(2) of Schedule 5 (delegation)—
s.sch001
In paragraph 22(7)(a) of Schedule 5 (accounts), for “the date...
s.sch001
In Schedule 6 (transfer of property, rights and liabilities to...
s.sch001
In section 85 (disclosure by the Regulator for facilitating the...
s.sch001
In section 88(4) (disclosure of tax information by the Regulator),...
s.sch001
In section 134 (directions)— (a) in subsection (1), for “there...
s.sch001
In section 135 (restrictions on winding up, discharge of liabilities...
s.sch001
In section 136 (power to validate contraventions of section 135)—...
s.sch001
In section 161 (effect of Board assuming responsibility for a...
s.sch001
In section 165 (guaranteed minimum pensions)— (a) in subsection (1)—...
s.sch001
In section 113 (investment of funds)— (a) at the beginning...
s.sch001
After section 114(4) (investment principles), insert— (4A) A statement of...
s.sch001
In section 115(1)(a) (borrowing), after “any of its functions”, insert...
s.sch001
In section 117(1)(b) (administration levy), after “section 116”, insert “except...
s.sch001
In section 119 (annual reports to Secretary of State)—
s.sch001
In section 168 (administration of compensation payable by the Board)—...
s.sch001
In section 190 (information to be provided to the Board...
s.sch001
In section 191 (notices requiring provision of information to the...
s.sch001
In section 192 (entry of premises to enable performance of...
s.sch001
In section 194 (warrants to enforce entry of premises and...
s.sch001
In section 195(1)(b) (offence of providing false or misleading information...
s.sch002
Introductory
s.sch002
Initial payments
s.sch002
Shared initial payments
s.sch002
Rounding
s.sch002
Actual pension
s.sch002
Annual redetermination
s.sch002
Qualifying members receiving pensions from the qualifying pension scheme
s.sch002
Active and deferred members
s.sch002
Bridging pensions
s.sch002
Pension payable at an age other than normal retirement age
s.sch002
Survivors of qualifying members
s.sch002
Payment for an entitlement under regulation 17C
s.sch002
Surviving dependants of qualifying members
s.sch002
Exclusion of certain benefits
s.sch002
Cap on expected pension and actual pension
s.sch002
De minimis rule
s.sch002
Annual increase to an annual payment
s.sch002a
Introductory
s.sch002a
Annual redetermination
s.sch002a
Bridging pensions
s.sch002a
Amount of an ill health payment
s.sch002a
Amount of an ill health payment to a surviving dependant
s.sch002a
Amount of an interim ill health payment
s.sch002a
Amount of an interim ill health payment for a surviving dependant
s.sch002a
Revaluation
s.sch002a
Actuarial reduction
s.sch002a
Modifications to Schedule 2
s.sch002a
Cap on expected pension and actual pension
s.sch002a
Rounding
s.sch002a
Annual increase to an ill health payment
s.sch003
Introductory
s.sch003
Amount of an annual payment – qualifying members
s.sch003
Amount of an annual payment - survivors
s.sch003
Surviving Dependants
s.sch003
Rounding
s.sch003
Annual increases to an annual payment
s.sch004
Introductory
s.sch004
Qualifying members
s.sch004
Survivors
s.sch004
Surviving Dependants
s.sch004
Redetermination
s.sch004
Rounding
s.sch004
Annual increases to an annual payment
s.sch005
Introductory
s.sch005
Amount of an ill health payment – qualifying members
s.sch005
Amount of an ill health payment - survivors
s.sch005
Amount of an ill health payment - surviving dependants
s.sch005
Rounding
s.sch005
Annual increases to an ill health payment
s.sch006
Introductory
s.sch006
Qualifying members
s.sch006
Survivors
s.sch006
Surviving Dependants
s.sch006
Redetermination
s.sch006
Rounding
s.sch006
Annual increases to an ill health payment
s.sch007
Introductory
s.sch007
Amount of the payment where regulation 17G applies
s.sch007
Amount of the payment where regulation 17H applies
s.sch007
Annual increases
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.