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Statutory Instruments

2011 No. 673

Pensions

The Application of Pension Legislation to the National Employment Savings Trust Corporation Regulations 2011

Made

5th March 2011

Laid before Parliament

10th March 2011

Coming into force

6th April 2011

M1 The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 77 and 144(2) and (4) of the Pensions Act 2008 .

Citation, commencement and interpretation

1. —(1) These Regulations may be cited as the Application of Pension Legislation to the National Employment Savings Trust Corporation Regulations 2011 and shall come into force on 6th April 2011.

(2) In these Regulations—

M2 “ the corporation ” means the National Employment Savings Trust Corporation established under section 75(1) of the Pensions Act 2008 .

The Application of the Occupational Pension Schemes (Disclosure of Information) Regulations 1996

F1 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Application of the Occupational Pension Schemes (Requirement to obtain Audited Accounts and a Statement from the Auditor) Regulations 1996

F1 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Application of the Occupational Pension Schemes (Investment) Regulations 2005

M3 4. The Occupational Pension Schemes (Investment) Regulations 2005 apply in relation to the corporation as if for paragraph (2) of regulation 5 there was substituted—

“ (2) Paragraph (1) does not preclude borrowing made by the National Employment Savings Trust Corporation for the purpose of—

(a) providing liquidity for a pension scheme established under section 67 of the Pensions Act 2008 and on a temporary basis; or

(b) meeting costs of establishing, administering or managing that pension scheme,

or for both of those purposes. ” .

Signed by authority of the Secretary of State for Work and Pensions.

Steve Webb

Minister of State,

Department for Work and Pensions

5th March 2011

Status: There are currently no known outstanding effects for the The Application of Pension Legislation to the National Employment Savings Trust Corporation Regulations 2011.
The Application of Pension Legislation to the National Employment Savings Trust Corporation Regulations 2011 (2011/673)
Version from: 6 April 2014

Displaying information

Status of this instrument

in force Provision is in force
in force* In force only for specified purposes (see footnote)
not in force Not in force in England (may be in force in other geographies, see footnotes)
defined term Defined term
dfn Defined term (alternative style)
footnote commentary transitional and savings in force status related provisions geo extent insert/omit source count in force adj
F1 Reg. 3 omitted (6.4.2014) by virtue of The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (S.I. 2013/2734) , reg. 1(1) , Sch. 9 para. 17 omitted
F1 Reg. 3 omitted (6.4.2014) by virtue of The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (S.I. 2013/2734) , reg. 1(1) , Sch. 9 para. 17 omitted
M1 2008 c.30 .
M2 The corporation was so named by S.I. 2010/3 . Under section 76(1) of the Pensions Act 2008, the corporation has the function of acting as a trustee of a scheme established under section 67 of the Act.
M3 S.I. 2005/3378 .
Defined Term Section/Article ID Scope of Application
the corporation reg. 1. def_b5a64660bb

Status of changes to instrument text

The list includes made instruments, both those in force and those yet to come into force. Typically, instruments that are not yet in force (hence their changes are not incorporated into the text above) are indicated by description 'not yet' in the changes made column.

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