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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 1991 - onwards

63. Amendment of section 56 of Pensions Act.

Section 56 of the Pensions Act is hereby amended by the substitution for subsection (6) of the following subsection:

"(6)

(a) Subsection (1) and paragraphs (a) and (b) of subsection (2) shall not apply to -

(i) a scheme that is not a funded scheme, or

(ii) a scheme, the only benefit under which is in respect of death prior to normal pensionable age, or

(iii) a scheme, the members of which have been notified in writing by the trustees that service by a member in relevant employment after the date of the notification does not entitle the member to long service benefit under the scheme.

(b) Paragraph (c) of subsection (2) shall not apply to -

(i) a scheme that is a defined contribution scheme, or

(ii) a scheme that is not a funded scheme, or

(iii) a scheme the only benefit under which is in respect of death prior to normal pensionable age, or

(iv) a scheme, the members of which have been notified in writing by the trustees that service by a member in relevant employment after the date of the notification does not entitle the member to long service benefit under the scheme.".