SCHEDULE 13 Governance of Gas and Electricity Industry Codes: Pensions
Energy Act 2023 (2023 c 52) | Legislation

SCHEDULE 13 Governance of Gas and Electricity Industry Codes: Pensions

Section 200(2)

Introductory

1

(1)     In this Schedule—

“active member†has the same meaning as in section 124(1) of the Pensions Act 1995;

“associate†has the same meaning as in section 1152 of the Companies Act 2006;

“member†has the same meaning as in section 124(1) of the Pensions Act 1995;

“prescribed†means prescribed by regulations made by the GEMA;

“qualifying accrued rights†means—

(a)     any right which, at the relevant time, has accrued to or in respect of a qualifying member of a qualifying pension scheme to future benefits under the scheme,

(b)     any entitlement under a qualifying pension scheme to the present payment of a pension or other benefit that a qualifying member of the scheme has at the relevant time, or

(c)     any entitlement to benefits, or rights to future benefits, under a qualifying pension scheme that a person who has survived a qualifying member of the scheme has at the relevant time in respect of the member;

“qualifying memberâ€, in relation to a qualifying pension scheme, means a person who is or has been a member of the scheme;

“qualifying pension schemeâ€

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