New Clause 5 - Section (Power to pay final salary benefits): transitional provision

Public Service Pensions and Judicial Offices Bill [Lords] – in a Public Bill Committee am 2:15 pm ar 27 Ionawr 2022.

Danfonwch hysbysiad imi am ddadleuon fel hyn

“(1) Any provision of scheme regulations that—

(a) was, at any time before the coming into force of section (Power to pay final salary benefits)(1), made (or purportedly made) in relation to a local government new scheme under—

(i) section 18 of PSPA 2013 or section 18 of PSPA(NI) 2014 (restriction of existing pension schemes), or

(ii) any other enactment, and

(b) could have been made under section (Power to pay final salary benefits)(1) if it had been in force at that time,

is treated as having been made under section (Power to pay final salary benefits)(1).

(2) Section (Power to pay final salary benefits)(6) does not affect the continued operation of any scheme regulations made before the coming into force of that provision.”—

This amendment inserts a new clause that contains transitional provision in relation to NC4.

Brought up, read the First and Second time, and added to the Bill.