Pension Schemes (Conversion of Guaranteed Minimum Pensions) Act 2022

May 12, 2022

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<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-1"><num>1</num><heading>Conversion of guaranteed minimum pensions</heading><subsection eId="sect

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-1"><num>(1)</num><content>The Pension Schemes Act 1993 is amended in accordance with subsections <ref href="#section-1-2">(2)</ref> to <ref href="#section-1-9">(9)</ref>.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-1-2"><num>(2)</num><intro>In section 24A (conversion of guaranteed minimum pension into ot

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-2-a"><num>(a)</num><content>omit paragraph (a);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-1-2-b"><num>(b)</num><content><mod>for paragraph (b) substitute—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-1-2-c"><num>(c)</num><content><mod>after that paragraph insert—<quotedStructure s

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-2-d"><num>(d)</num><content>omit paragraph (c);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-2-e"><num>(e)</num><intro>in paragraphs (e) and (f)—</intro><level class="para2" eId="section-1-2-e-i"><num>(i)</num><content><mod>after “scheme” insert <quotedText>“in relation to P”</quotedText>;

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-1-2-e-i"><num>(i)</num><content><mod>after “scheme” insert <quotedText>“in relation to P”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-1-2-e-ii"><num>(ii)</num><content>omit “(disregarding money purchase benefits)”.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-1-3"><num>(3)</num><intro>In section 24B (the conversion conditions)—</intro><level cl

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-3-a"><num>(a)</num><content><mod>in subsection (2), after “<term refersTo="#term-benefits" eId="term-benefits">benefits</term>” (in both places it occurs) insert <quotedText>“(disregarding money purchase

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-3-b"><num>(b)</num><content><mod>in subsection (3), for “the earner” substitute <quotedText>“P”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-1-3-c"><num>(c)</num><content><mod>for subsection (5) substitute—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-3-d"><num>(d)</num><intro>in subsection (7)—</intro><level class="para2" eId="section-1-3-d-i"><num>(i)</num><content>in the opening words, omit “in respect of an earner”;</content></level><lev

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-1-3-d-i"><num>(i)</num><content>in the opening words, omit “in respect of an earner”;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-1-3-d-ii"><num>(ii)</num><content><mod>in paragraph (a), for “in respect of other earners” substitute <quotedText>“in relation to persons other than P”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-1-3-d-iii"><num>(iii)</num><content><mod>in paragraph (b), for “the earner” substitute <quotedText>“P”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-4"><num>(4)</num><content>Omit section 24D (survivors’ benefits).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-1-5"><num>(5)</num><intro>In section 24E (procedural requirements)—</intro><level clas

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-5-a"><num>(a)</num><content><mod>in subsection (2), for “The employer” substitute <quotedText>“Each relevant person (if any)”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-1-5-b"><num>(b)</num><content><mod>after subsection (2) insert—<quotedStructure s

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-5-c"><num>(c)</num><content><mod>in subsection (3)(a), for “the earner” substitute <quotedText>“P”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-5-d"><num>(d)</num><content>omit subsection (4).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-1-6"><num>(6)</num><intro>In section 24F (transfer out)—</intro><level class="para1" e

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-6-a"><num>(a)</num><content><mod>in subsection (1), in paragraphs (a) and (b), for “earner’s accrued rights under a GMP-converted scheme” substitute <quotedText>“accrued rights of a person in relation to

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-6-b"><num>(b)</num><content>omit subsection (2);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-1-6-c"><num>(c)</num><content><mod>for subsection (3) substitute—<quotedStructure

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-7"><num>(7)</num><intro>In section 24G (powers to amend schemes)—</intro><level class="para1" eId="section-1-7-a"><num>(a)</num><content>in subsection (1), omit “(whether in relation to present earners, pen

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-7-a"><num>(a)</num><content>in subsection (1), omit “(whether in relation to present earners, pensioners or survivors)”;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-7-b"><num>(b)</num><content>omit subsection (5).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-8"><num>(8)</num><intro>In section 38A (regulations about relevant gender change cases)—</intro><level class="para1" eId="section-1-8-a"><num>(a)</num><content>in subsection (1), omit paragraph (b) (but not

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-8-a"><num>(a)</num><content>in subsection (1), omit paragraph (b) (but not the “or” at the end);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-8-b"><num>(b)</num><content>in subsection (3), omit paragraph (b) (but not the “or” at the end);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-8-c"><num>(c)</num><content>in subsection (6), in the opening words, omit “, 24D”.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-9"><num>(9)</num><content><mod>In section 47 (further provisions concerning entitlement to guaranteed minimum pensions for the purposes of section 46), in subsection (9), for the words from “the amendment” to the

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-10"><num>(10)</num><intro>In the Pensions Act 2007, in section 14 (conversion of guaranteed minimum pensions)—</intro><level class="para1" eId="section-1-10-a"><num>(a)</num><content><mod>in subsection (8)(

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-10-a"><num>(a)</num><content><mod>in subsection (8)(c), after “conversion” insert <quotedText>“in relation to the person”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-10-b"><num>(b)</num><content><mod>in subsection (8)(d), after “conversion” insert <quotedText>“in relation to the person”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-10-c"><num>(c)</num><content><mod>in subsection (10), after “conversion” insert <quotedText>“in relation to S”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-1-10-d"><num>(d)</num><content>in subsection (11), omit “inserted by subsection (3) above”.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-11"><num>(11)</num><content>In the Marriage (Same Sex Couples) Act 2013, in Schedule 4 (effect of extension of marriage: further provisions), omit paragraph 21.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-12"><num>(12)</num><content>In the Pension Schemes Act 2015, in section 81 (extension to Scotland of certain provisions about marriage of same sex couples), omit “24D(5),”.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-2"><num>2</num><heading>Conversion of guaranteed minimum pensions: Northern Ireland</heading><su

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-1"><num>(1)</num><content>The Pension Schemes (Northern Ireland) Act 1993 is amended in accordance with subsections <ref href="#section-2-2">(2)</ref> to <ref href="#section-2-9">(9)</ref>.</content></subsecti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-2-2"><num>(2)</num><intro>In section 20A (conversion of guaranteed minimum pension into ot

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-2-a"><num>(a)</num><content>omit paragraph (a);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-2-2-b"><num>(b)</num><content><mod>for paragraph (b) substitute—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-2-2-c"><num>(c)</num><content><mod>after that paragraph insert—<quotedStructure s

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-2-d"><num>(d)</num><content>omit paragraph (c);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-2-e"><num>(e)</num><intro>in paragraphs (e) and (f)—</intro><level class="para2" eId="section-2-2-e-i"><num>(i)</num><content><mod>after “scheme” insert <quotedText>“in relation to P”</quotedText>;

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-2-2-e-i"><num>(i)</num><content><mod>after “scheme” insert <quotedText>“in relation to P”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-2-2-e-ii"><num>(ii)</num><content>omit “(disregarding money purchase benefits)”.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-2-3"><num>(3)</num><intro>In section 20B (the conversion conditions)—</intro><level cl

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-3-a"><num>(a)</num><content><mod>in subsection (2), after “<term refersTo="#term-benefits" eId="term-benefits">benefits</term>” (in both places it occurs) insert <quotedText>“(disregarding money purchase

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-3-b"><num>(b)</num><content><mod>in subsection (3), for “the earner” substitute <quotedText>“P”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-2-3-c"><num>(c)</num><content><mod>for subsection (5) substitute—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-3-d"><num>(d)</num><intro>in subsection (7)—</intro><level class="para2" eId="section-2-3-d-i"><num>(i)</num><content>in the opening words, omit “in respect of an earner”;</content></level><lev

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-2-3-d-i"><num>(i)</num><content>in the opening words, omit “in respect of an earner”;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-2-3-d-ii"><num>(ii)</num><content><mod>in paragraph (a), for “in respect of other earners” substitute <quotedText>“in relation to persons other than P”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-2-3-d-iii"><num>(iii)</num><content><mod>in paragraph (b), for “the earner” substitute <quotedText>“P”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-4"><num>(4)</num><content>Omit section 20D (survivors’ benefits).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-2-5"><num>(5)</num><intro>In section 20E (procedural requirements)—</intro><level clas

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-5-a"><num>(a)</num><content><mod>in subsection (2), for “The employer” substitute <quotedText>“Each relevant person (if any)”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-2-5-b"><num>(b)</num><content><mod>after subsection (2) insert—<quotedStructure s

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-5-c"><num>(c)</num><content><mod>in subsection (3)(a), for “the earner” substitute <quotedText>“P”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-5-d"><num>(d)</num><content>omit subsection (4).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-2-6"><num>(6)</num><intro>In section 20F (transfer out)—</intro><level class="para1" e

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-6-a"><num>(a)</num><content><mod>in subsection (1), in paragraphs (a) and (b), for “earner’s accrued rights under a GMP-converted scheme” substitute <quotedText>“accrued rights of a person in relation to

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-6-b"><num>(b)</num><content>omit subsection (2);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-2-6-c"><num>(c)</num><content><mod>for subsection (3) substitute—<quotedStructure

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-7"><num>(7)</num><intro>In section 20G (powers to amend schemes)—</intro><level class="para1" eId="section-2-7-a"><num>(a)</num><content>in subsection (1), omit “(whether in relation to present earners, pen

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-7-a"><num>(a)</num><content>in subsection (1), omit “(whether in relation to present earners, pensioners or survivors)”;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-7-b"><num>(b)</num><content>omit subsection (5).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-8"><num>(8)</num><intro>In section 34A (regulations about relevant gender change cases)—</intro><level class="para1" eId="section-2-8-a"><num>(a)</num><content>in subsection (1), omit paragraph (b) (but not

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-8-a"><num>(a)</num><content>in subsection (1), omit paragraph (b) (but not the “or” at the end);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-8-b"><num>(b)</num><content>in subsection (3), omit paragraph (b) (but not the “or” at the end);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-8-c"><num>(c)</num><content>in subsection (6), in the opening words, omit “, 20D”.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-9"><num>(9)</num><content><mod>In section 43 (further provisions concerning entitlement to guaranteed minimum pensions for the purposes of section 42), in subsection (9), for the words from “the amendment” to the

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-10"><num>(10)</num><intro>In the <ref eId="c00001" href="http://www.legislation.gov.uk/id/nia/2008/1">Pensions Act (Northern Ireland) 2008 (c. 1 (N.I.))</ref>, in section 12 (conversion of guaranteed minimum pensi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-10-a"><num>(a)</num><content><mod>in subsection (8)(c), after “conversion” insert <quotedText>“in relation to the person”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-10-b"><num>(b)</num><content><mod>in subsection (8)(d), after “conversion” insert <quotedText>“in relation to the person”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-10-c"><num>(c)</num><content><mod>in subsection (10), after “conversion” insert <quotedText>“in relation to S”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-10-d"><num>(d)</num><content>in subsection (11), omit “inserted by subsection (3)”.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3"><num>3</num><heading>Extent, commencement and short title</heading><subsection eId="section-3-1"><num>(1)</num><content>Section 1 extends to England and Wales and Scotland.</content></subsection><subsection eId=

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-1"><num>(1)</num><content>Section 1 extends to England and Wales and Scotland.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-2"><num>(2)</num><content>Section 2 extends to Northern Ireland.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-3"><num>(3)</num><content>This section extends to England and Wales, Scotland and Northern Ireland.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-4"><num>(4)</num><intro>The following come into force on the day on which this Act is passed—</intro><level class="para1" eId="section-3-4-a"><num>(a)</num><content>section 1 for the purposes of making regu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-4-a"><num>(a)</num><content>section 1 for the purposes of making regulations under the Pension Schemes Act 1993;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-4-b"><num>(b)</num><content>section 2 for the purposes of making regulations under the Pension Schemes (Northern Ireland) Act 1993;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-4-c"><num>(c)</num><content>this section.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-5"><num>(5)</num><content>Section 1 comes into force for remaining purposes on such day or days as the Secretary of State may by regulations appoint.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-6"><num>(6)</num><content>Section 2 comes into force for remaining purposes on such day or days as the Department for Communities in Northern Ireland may by order appoint.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-7"><num>(7)</num><content>The Secretary of State may by regulations make transitional or saving provision in connection with the coming into force of section 1.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-8"><num>(8)</num><content>The Department for Communities in Northern Ireland may by order make transitional or saving provision in connection with the coming into force of section 2.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-9"><num>(9)</num><content>Regulations made by the Secretary of State under this section are to be made by statutory instrument.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-10"><num>(10)</num><content>The power of the Department for Communities in Northern Ireland to make an order under subsection <ref href="#section-3-6">(6)</ref> or <ref href="#section-3-8">(8)</ref> is exercisable

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-11"><num>(11)</num><content>This Act may be cited as the Pension Schemes (Conversion of Guaranteed Minimum Pensions) Act 2022.</content></subsection>