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Pensions (Amendment) Act, 1996 (No. 18)Introductory TextActs Referred to1. Definition.2. Amendment of section 2 of Principal Act.3. Amendment of section 3 of Principal Act.4. Amendment of section 5 of Principal Act.5. Amendment of section 10 of Principal Act.6. Amendment of section 18 of Principal Act.7. Amendment of section 24 of Principal Act.8. Amendment of section 26 of Principal Act.9. Amendment of section 30 of Principal Act.10. Amendment of section 32 of Principal Act.11. Amendment of section 33 of Principal Act.12. Amendment of section 34 of Principal Act.13. Amendment of section 36 of Principal Act.14. Amendment of section 37 of Principal Act.15. Amendment of section 39 of Principal Act.16. Amendment of section 42 of Principal Act.17. Priorities on winding up of relevant scheme.18. Amendment of section 49 of Principal Act.19. Amendment of section 50 of Principal Act.20. Amendment of section 54 of Principal Act.21. Amendment of section 55 of Principal Act.22. Amendment of section 56 of Principal Act.23. Costs of trustee training.24. Amendment of section 61 of Principal Act.25. Rule against perpetuities.26. Amendment of section 63 of Principal Act.27. Suspension of trustees and offence.28. Amendment of section 64 of Principal Act.39. Applications to High Court.40. Amendment of First Schedule to Principal Act.41. Amendment of Part B of Second Schedule to Principal Act.42. Amendment of Third Schedule to Principal Act.43. Increase of fines.44. Continuing offences.45. Saving of instruments.38. Compulsory and voluntary reporting to Board, etc.37. Amendment of section 80 of Principal Act.36. Amendment of section 79 of Principal Act.35. Powers of Court under section 77.34. Amendment of section 76 of Principal Act.33. Equal treatment: contract of employment.32. Principle of equal treatment and collective agreements, etc.31. Amendment of section 71 of Principal Act.30. Amendment of section 67 of Principal Act.29. Amendment of section 65 of Principal Act.46. Short title.
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 2 July 1996 - onwards

16. Amendment of section 42 of Principal Act.

Section 42 of the Principal Act is hereby amended by the insertion after subsection (4) of the following subsection:

"(5) The Board, where it considers that it is necessary or appropriate and would not be contrary to the interests of the members of a scheme, may modify the requirements of subsections (1) and (2) in respect of such scheme in such circumstances and on such terms as it considers appropriate.".

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