Statutory Instruments
2010 No. 2161
Pensions
The Occupational Pension Schemes (Investment) (Amendment) Regulations 2010
Made
28th August 2010
Laid before Parliament
2nd September 2010
Coming into force
23rd September 2010
The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 40(1) and (2)(e), 124(1) and 174(2) and (3) of the Pensions Act 1995( 1 ).
In accordance with section 120(1) of the Pensions Act 1995 the Secretary of State has consulted such persons as the Secretary of State considers appropriate.
Citation and commencement
1. These Regulations may be cited as the Occupational Pension Schemes (Investment) (Amendment) Regulations 2010 and shall come into force on 23rd September 2010.
Amendment of the Occupational Pension Schemes (Investment) Regulations 2005
2. —(1) The Occupational Pension Schemes (Investment) Regulations 2005( 2 ) are amended in accordance with this regulation.
(2) In regulation 13 (investments to which restrictions do not apply), omit paragraph (7).
(3) In regulation 14 (transitional provisions)—
(a) omit sub-paragraph (b) of paragraph (1) and the word “or” immediately preceding it; and
(b) omit sub-paragraph (e) of paragraph (2).
Signed by authority of the Secretary of State for Work and Pensions.
Steve Webb
Minister of State,
Department for Work and Pensions
28th August 2010
1995 c.26 ; section 124(1) is cited for the meaning given there to “prescribed” and “regulations”.