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This Statutory Instrument has been made in consequence of a defect
in S.I. 1999/3438 and is being issued free of charge to all known
recipients of that Statutory Instrument.
STATUTORY INSTRUMENTS
2000 No. 1005
PENSIONS
The Local Government Pension Scheme (Amendment)
Regulations 2000
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Made |
31st March 2000 |
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Laid before Parliament |
7th April 2000 |
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Coming into force |
28th April 2000 |
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The Secretary of State, in exercise of the powers conferred on him by
sections 7 and 12 of the Superannuation Act 1972[1]
and of all other powers enabling him in that behalf, after consultation
with such assocations of local authorities as appeared to him to be
concerned and such representatives of other persons likely to be affected
by the Regulations as appeared to him to be appropriate, hereby makes the
following Regulations:
Citation, commencement and interpretation
1. - (1) These
Regulations may be cited as the Local Government Pension Scheme
(Amendment) Regulations 2000 and shall come into force on 28th April 2000,
but regulation 4(b) shall have effect from 1st April 1998 and regulations
3 and 4(a) shall have effect from 13th January 2000.
(2) In regulation 5, expressions which are also
used in the Local Government Pension Scheme Regulations 1997[2]
have the same meaning as they have in those Regulations.
Amendment of regulations
2. The Local Government
Pension Scheme Regulations 1997 shall be amended in accordance with
regulations 3 and 4 of these Regulations.
Admission agreements
3. In regulation 5[3] -
(a) in paragraph (17)(a)(i) and (ii) for "long term business"
substitute "general business"; and
(b) in paragraph (17)(a)(ii), for ", or providing long term
insurance" substitute "or providing insurance of an
appropriate class within general business".
Interpretation
4. In Schedule 1 -
Savings
5. The amendment made by
regulation 3 shall not affect the validity of any indemnity or bond in an
approved form with an authorised insurer, as defined by the Local
Government Pension Scheme Regulations 1997 before their amendment by these
Regulations, which was made before the date on which these Regulations
come into force.
Signed by authority of the Secretary of State
Beverley Hughes
Parliamentary Under Secretary of State, Department of the Environment,
Transport and the Regions
31st March 2000
EXPLANATORY NOTE
(This note does not form part of these Regulations)
These Regulations amend the Local Government Pension Scheme Regulations
1997 ("the principal Regulations") which comprise the Local
Government Pension Scheme.
Regulation 3 amends the definition of "authorised insurer" in
regulation 5 of the principal Regulations to refer to insurers authorised
to carry on general, rather than long-term, business. Regulation 5, which
deals with admission agreements, was substituted for the existing
regulation 5 with effect from 13th January 2000 by the Local Government
Pension Scheme (Amendment etc.) Regulations 1999. The amendment takes
effect from the same date.
Regulation 4 contains two minor drafting amendments, both of which take
effect from a date before these Regulations come into force.
Regulation 5 contains a savings provision.
Section 12 of the Superannuation Act 1972 provides that regulations made
under section 7 of that Act may have retrospective effect.
Notes:
[1] 1972 c. 11; section 12 was amended by section 10
of the Pensions (Miscellaneous Provisions) Act 1990 (c. 7).back
[2] S.I. 1997/1612, amended by S.I. 1998/1238,
1999/1212, 3438.back
[3] A new regulation 5 was substituted by regulation 3
of S.I. 1999/3438.back
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